Comparable sales & offer analysis
Parcel RI-158047
Kent County, RI · 68.03 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,598,800
Adjusted value
$1,528,815
Value range
$1,159,100–$1,898,531
Comp $/acre
$22,473/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +4.6% versus the adjusted value.
Offer position
Max allowable offer
$873,609
Offer $/acre
$12,842/ac
Projected profit
$458,645
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-249097 | 145.6 | Mar 28, 2026 | $1,725,700 | 11,855 | 16,972 | 77 |
| RI-127390 | 42.3 | Apr 18, 2025 | $1,373,800 | 32,501 | 26,596 | 70 |
| RI-558657 | 105.8 | Oct 24, 2024 | $3,372,500 | 31,864 | 30,993 | 68 |
| RI-208829 | 119.9 | Jul 18, 2024 | $1,745,900 | 14,563 | 15,498 | 67 |
| RI-667526 | 46.6 | Jul 1, 2024 | $1,133,300 | 24,293 | 24,298 | 66 |
| RI-779599 | 209.4 | Feb 17, 2025 | $2,633,700 | 12,577 | 20,789 | 63 |
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.
