Comparable sales & offer analysis
Parcel RI-324329
Kent County, RI · 4.60 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$95,000
Adjusted value
$111,082
Value range
$89,694–$132,471
Comp $/acre
$24,148/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.5% versus the adjusted value.
Offer position
Max allowable offer
$63,476
Offer $/acre
$13,799/ac
Projected profit
$33,325
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| RI-494429 | 5.0 | Mar 28, 2025 | $153,800 | 31,077 | 22,553 | 82 |
| RI-734210 | 4.2 | Sep 2, 2025 | $101,000 | 23,933 | 20,439 | 77 |
| RI-584123 | 4.0 | Jun 1, 2025 | $181,200 | 45,767 | 31,145 | 76 |
| RI-664148 | 4.0 | Jun 24, 2025 | $131,300 | 32,509 | 18,992 | 73 |
| RI-984694 | 6.0 | Jun 9, 2024 | $200,600 | 33,428 | 21,409 | 70 |
| RI-162622 | 1.3 | May 31, 2026 | $67,600 | 50,469 | 28,582 | 70 |
| RI-882916 | 1.6 | Jul 27, 2026 | $75,400 | 45,669 | 24,932 | 70 |
| RI-955813 | 13.5 | Sep 18, 2024 | $236,500 | 17,533 | 16,788 | 66 |
| RI-866011 | 15.6 | Mar 10, 2026 | $693,500 | 44,544 | 27,761 | 63 |
| RI-385651 | 12.0 | Sep 24, 2024 | $393,400 | 32,808 | 29,947 | 60 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.