Comparable sales & offer analysis
Parcel RI-158047
Kent County, RI · 68.03 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,598,800
Adjusted value
$1,520,419
Value range
$1,152,642–$1,888,197
Comp $/acre
$22,349/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.2% versus the adjusted value.
Offer position
Max allowable offer
$868,811
Offer $/acre
$12,771/ac
Projected profit
$456,126
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 | 16,879 | 78 |
| RI-127390 | 42.3 | Apr 18, 2025 | $1,373,800 | 32,501 | 26,456 | 71 |
| RI-558657 | 105.8 | Oct 24, 2024 | $3,372,500 | 31,864 | 30,833 | 69 |
| RI-208829 | 119.9 | Jul 18, 2024 | $1,745,900 | 14,563 | 15,418 | 67 |
| RI-667526 | 46.6 | Jul 1, 2024 | $1,133,300 | 24,293 | 24,174 | 66 |
| RI-779599 | 209.4 | Feb 17, 2025 | $2,633,700 | 12,577 | 20,680 | 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.