Comparable sales & offer analysis
Parcel IN-387365
Lawrence County, IN · 104 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$960,200
Adjusted value
$975,106
Value range
$829,647–$1,120,565
Comp $/acre
$9,396/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.5% versus the adjusted value.
Offer position
Max allowable offer
$557,203
Offer $/acre
$5,369/ac
Projected profit
$292,532
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-717017 | 80.7 | Jul 5, 2026 | $500,200 | 6,202 | 9,787 | 80 |
| IN-168151 | 183.4 | May 25, 2026 | $1,102,700 | 6,013 | 8,598 | 77 |
| IN-126509 | 55.8 | Jul 27, 2026 | $473,900 | 8,491 | 8,980 | 77 |
| IN-337067 | 83.6 | Nov 26, 2025 | $366,300 | 4,380 | 7,684 | 76 |
| IN-247409 | 107.1 | Nov 24, 2025 | $512,100 | 4,780 | 8,286 | 75 |
| IN-676873 | 72.7 | Oct 21, 2025 | $528,700 | 7,276 | 12,406 | 75 |
| IN-366413 | 52.1 | Jul 27, 2026 | $477,800 | 9,175 | 9,145 | 73 |
| IN-885991 | 38.4 | Aug 23, 2025 | $224,500 | 5,853 | 8,819 | 64 |
| IN-255669 | 30.4 | Jun 27, 2025 | $295,900 | 9,744 | 11,226 | 58 |
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.