Comparable sales & offer analysis
Parcel RI-960224
Kent County, RI · 0.30 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$9,700
Adjusted value
$11,789
Value range
$9,564–$14,013
Comp $/acre
$39,296/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.7% versus the adjusted value.
Offer position
Max allowable offer
$6,736
Offer $/acre
$22,455/ac
Projected profit
$3,537
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-120797 | 0.4 | Feb 16, 2025 | $10,300 | 28,632 | 25,165 | 71 |
| RI-162622 | 1.3 | May 31, 2026 | $67,600 | 50,469 | 43,989 | 68 |
| RI-882916 | 1.6 | Jul 27, 2026 | $75,400 | 45,669 | 38,371 | 64 |
| RI-812120 | 0.9 | Mar 25, 2024 | $27,900 | 30,050 | 45,909 | 58 |
| RI-872527 | 1.3 | Jan 16, 2024 | $42,600 | 34,063 | 45,224 | 54 |
| RI-672911 | 1.6 | Jun 25, 2025 | $75,100 | 45,541 | 39,999 | 52 |
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.