Comparable sales & offer analysis
Parcel RI-208829
Kent County, RI · 120 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,098,400
Adjusted value
$2,881,114
Value range
$2,316,522–$3,445,706
Comp $/acre
$24,033/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -27.2% versus the adjusted value.
Offer position
Max allowable offer
$1,646,351
Offer $/acre
$13,733/ac
Projected profit
$864,334
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 | 17,430 | 80 |
| RI-158047 | 68.0 | Jul 27, 2026 | $1,453,300 | 21,363 | 22,111 | 78 |
| RI-558657 | 105.8 | Oct 24, 2024 | $3,372,500 | 31,864 | 31,830 | 73 |
| RI-127390 | 42.3 | Apr 18, 2025 | $1,373,800 | 32,501 | 27,314 | 66 |
| RI-779599 | 209.4 | Feb 17, 2025 | $2,633,700 | 12,577 | 21,350 | 64 |
| RI-667526 | 46.6 | Jul 1, 2024 | $1,133,300 | 24,293 | 24,954 | 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.