Comparable sales & offer analysis
Parcel RI-162622
Kent County, RI · 1.34 ac · Mixed Use · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$70,300
Adjusted value
$60,206
Value range
$48,930–$71,482
Comp $/acre
$44,930/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.8% versus the adjusted value.
Offer position
Max allowable offer
$34,403
Offer $/acre
$25,674/ac
Projected profit
$18,062
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-882916 | 1.6 | Jul 27, 2026 | $75,400 | 45,669 | 44,657 | 81 |
| RI-872527 | 1.3 | Jan 16, 2024 | $42,600 | 34,063 | 52,633 | 76 |
| RI-672911 | 1.6 | Jun 25, 2025 | $75,100 | 45,541 | 46,552 | 70 |
| RI-584123 | 4.0 | Jun 1, 2025 | $181,200 | 45,767 | 55,785 | 69 |
| RI-812120 | 0.9 | Mar 25, 2024 | $27,900 | 30,050 | 53,430 | 68 |
| RI-664148 | 4.0 | Jun 24, 2025 | $131,300 | 32,509 | 34,017 | 65 |
| RI-324329 | 4.6 | May 26, 2025 | $79,300 | 17,245 | 32,647 | 63 |
| RI-734210 | 4.2 | Sep 2, 2025 | $101,000 | 23,933 | 36,608 | 61 |
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.