Comparable sales & offer analysis
Parcel IN-519936
Lawrence County, IN · 668 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,193,100
Adjusted value
$3,412,220
Value range
$3,024,863–$3,799,577
Comp $/acre
$5,106/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.4% versus the adjusted value.
Offer position
Max allowable offer
$1,949,840
Offer $/acre
$2,918/ac
Projected profit
$1,023,666
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-659165 | 382.3 | Jul 27, 2026 | $2,061,900 | 5,394 | 5,340 | 80 |
| IN-329942 | 671.2 | May 25, 2025 | $1,872,700 | 2,790 | 4,929 | 77 |
| IN-499198 | 391.5 | Jan 19, 2026 | $1,529,500 | 3,906 | 4,175 | 76 |
| IN-387365 | 103.8 | Jan 28, 2026 | $1,033,200 | 9,955 | 6,034 | 71 |
| IN-168151 | 183.4 | May 25, 2026 | $1,102,700 | 6,013 | 5,095 | 68 |
| IN-717017 | 80.7 | Jul 5, 2026 | $500,200 | 6,202 | 5,800 | 61 |
| IN-337067 | 83.6 | Nov 26, 2025 | $366,300 | 4,380 | 4,553 | 56 |
| IN-247409 | 107.1 | Nov 24, 2025 | $512,100 | 4,780 | 4,910 | 54 |
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.
