Comparable sales & offer analysis
Parcel RI-984694
Kent County, RI · 6.00 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$240,200
Adjusted value
$236,723
Value range
$183,856–$289,590
Comp $/acre
$39,454/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.5% versus the adjusted value.
Offer position
Max allowable offer
$135,270
Offer $/acre
$22,545/ac
Projected profit
$71,017
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-734210 | 4.2 | Sep 2, 2025 | $101,000 | 23,933 | 34,832 | 77 |
| RI-494429 | 5.0 | Mar 28, 2025 | $153,800 | 31,077 | 38,439 | 76 |
| RI-324329 | 4.6 | May 26, 2025 | $79,300 | 17,245 | 31,065 | 74 |
| RI-664148 | 4.0 | Jun 24, 2025 | $131,300 | 32,509 | 32,368 | 71 |
| RI-584123 | 4.0 | Jun 1, 2025 | $181,200 | 45,767 | 53,082 | 71 |
| RI-866011 | 15.6 | Mar 10, 2026 | $693,500 | 44,544 | 47,306 | 68 |
| RI-385651 | 12.0 | Sep 24, 2024 | $393,400 | 32,808 | 51,046 | 63 |
| RI-955813 | 13.5 | Sep 18, 2024 | $236,500 | 17,533 | 28,617 | 63 |
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.