Comparable sales & offer analysis
Parcel RI-385651
Kent County, RI · 11.99 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$404,700
Adjusted value
$317,492
Value range
$250,886–$384,098
Comp $/acre
$26,480/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +27.5% versus the adjusted value.
Offer position
Max allowable offer
$181,424
Offer $/acre
$15,131/ac
Projected profit
$95,248
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-866011 | 15.6 | Mar 10, 2026 | $693,500 | 44,544 | 33,000 | 81 |
| RI-955813 | 13.5 | Sep 18, 2024 | $236,500 | 17,533 | 19,957 | 72 |
| RI-734210 | 4.2 | Sep 2, 2025 | $101,000 | 23,933 | 24,296 | 63 |
| RI-584123 | 4.0 | Jun 1, 2025 | $181,200 | 45,767 | 37,024 | 63 |
| RI-324329 | 4.6 | May 26, 2025 | $79,300 | 17,245 | 21,667 | 62 |
| RI-984694 | 6.0 | Jun 9, 2024 | $200,600 | 33,428 | 25,450 | 62 |
| RI-494429 | 5.0 | Mar 28, 2025 | $153,800 | 31,077 | 26,809 | 62 |
| RI-664148 | 4.0 | Jun 24, 2025 | $131,300 | 32,509 | 22,576 | 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.