Comparable sales & offer analysis
Parcel RI-127390
Kent County, RI · 42.27 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,566,500
Adjusted value
$1,178,646
Value range
$889,801–$1,467,492
Comp $/acre
$27,884/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +32.9% versus the adjusted value.
Offer position
Max allowable offer
$673,512
Offer $/acre
$15,934/ac
Projected profit
$353,594
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-667526 | 46.6 | Jul 1, 2024 | $1,133,300 | 24,293 | 31,515 | 79 |
| RI-158047 | 68.0 | Jul 27, 2026 | $1,453,300 | 21,363 | 27,925 | 79 |
| RI-866011 | 15.6 | Mar 10, 2026 | $693,500 | 44,544 | 32,253 | 69 |
| RI-249097 | 145.6 | Mar 28, 2026 | $1,725,700 | 11,855 | 22,013 | 66 |
| RI-558657 | 105.8 | Oct 24, 2024 | $3,372,500 | 31,864 | 40,200 | 64 |
| RI-208829 | 119.9 | Jul 18, 2024 | $1,745,900 | 14,563 | 20,101 | 64 |
| RI-955813 | 13.5 | Sep 18, 2024 | $236,500 | 17,533 | 19,505 | 59 |
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.