Comparable sales & offer analysis
Parcel IN-671992
Lake County, IN · 2.12 ac · Mixed Use · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$18,800
Adjusted value
$23,280
Value range
$18,778–$27,782
Comp $/acre
$10,981/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.2% versus the adjusted value.
Offer position
Max allowable offer
$13,303
Offer $/acre
$6,275/ac
Projected profit
$6,984
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 |
|---|---|---|---|---|---|---|
| IN-981909 | 2.0 | Jan 30, 2024 | $11,400 | 5,721 | 11,030 | 75 |
| IN-502957 | 4.3 | Jan 26, 2026 | $21,700 | 5,092 | 9,280 | 75 |
| IN-790101 | 0.5 | Jun 1, 2026 | $4,300 | 7,972 | 7,956 | 69 |
| IN-264246 | 10.8 | Jun 30, 2026 | $121,700 | 11,241 | 12,270 | 66 |
| IN-481291 | 1.3 | Feb 23, 2025 | $12,000 | 9,487 | 11,293 | 64 |
| IN-970422 | 0.7 | Aug 25, 2025 | $5,600 | 8,276 | 14,811 | 60 |
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.