Comparable sales & offer analysis
Parcel AR-604123
Lonoke County, AR · 12.88 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$41,500
Adjusted value
$55,218
Value range
$49,280–$61,156
Comp $/acre
$4,287/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.8% versus the adjusted value.
Offer position
Max allowable offer
$31,553
Offer $/acre
$2,450/ac
Projected profit
$16,565
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 |
|---|---|---|---|---|---|---|
| AR-712648 | 4.4 | Jul 27, 2026 | $21,800 | 4,923 | 3,919 | 77 |
| AR-584267 | 14.3 | Apr 9, 2025 | $52,100 | 3,641 | 4,886 | 76 |
| AR-773920 | 11.1 | Nov 2, 2024 | $48,300 | 4,344 | 4,578 | 69 |
| AR-662756 | 4.8 | Jul 14, 2024 | $20,400 | 4,253 | 4,350 | 62 |
| AR-345492 | 34.7 | Jan 3, 2024 | $165,500 | 4,764 | 3,580 | 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.