Comparable sales & offer analysis
Parcel RI-866011
Kent County, RI · 15.57 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$683,300
Adjusted value
$606,030
Value range
$476,147–$735,913
Comp $/acre
$38,923/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.8% versus the adjusted value.
Offer position
Max allowable offer
$346,303
Offer $/acre
$22,242/ac
Projected profit
$181,809
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-955813 | 13.5 | Sep 18, 2024 | $236,500 | 17,533 | 27,580 | 75 |
| RI-385651 | 12.0 | Sep 24, 2024 | $393,400 | 32,808 | 49,196 | 74 |
| RI-127390 | 42.3 | Apr 18, 2025 | $1,373,800 | 32,501 | 48,777 | 63 |
| RI-494429 | 5.0 | Mar 28, 2025 | $153,800 | 31,077 | 37,050 | 61 |
| RI-984694 | 6.0 | Jun 9, 2024 | $200,600 | 33,428 | 35,171 | 59 |
| RI-324329 | 4.6 | May 26, 2025 | $79,300 | 17,245 | 29,943 | 58 |
| RI-667526 | 46.6 | Jul 1, 2024 | $1,133,300 | 24,293 | 44,562 | 56 |
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.