Comparable sales & offer analysis
Parcel RI-208829
Kent County, RI · 120 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,098,400
Adjusted value
$2,864,417
Value range
$2,302,724–$3,426,109
Comp $/acre
$23,894/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.7% versus the adjusted value.
Offer position
Max allowable offer
$1,636,810
Offer $/acre
$13,654/ac
Projected profit
$859,325
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 | 17,335 | 81 |
| RI-158047 | 68.0 | Jul 27, 2026 | $1,453,300 | 21,363 | 21,989 | 79 |
| RI-558657 | 105.8 | Oct 24, 2024 | $3,372,500 | 31,864 | 31,666 | 74 |
| RI-127390 | 42.3 | Apr 18, 2025 | $1,373,800 | 32,501 | 27,170 | 67 |
| RI-779599 | 209.4 | Feb 17, 2025 | $2,633,700 | 12,577 | 21,239 | 65 |
| RI-667526 | 46.6 | Jul 1, 2024 | $1,133,300 | 24,293 | 24,827 | 64 |
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.