Comparable sales & offer analysis
Parcel PA-692031
Luzerne County, PA · 2.18 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$20,800
Adjusted value
$25,080
Value range
$21,577–$28,583
Comp $/acre
$11,505/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.1% versus the adjusted value.
Offer position
Max allowable offer
$14,331
Offer $/acre
$6,574/ac
Projected profit
$7,524
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 |
|---|---|---|---|---|---|---|
| PA-542362 | 2.8 | Jul 27, 2026 | $28,400 | 10,270 | 12,106 | 80 |
| PA-220584 | 0.8 | Jul 27, 2026 | $11,000 | 14,529 | 11,830 | 73 |
| PA-400324 | 0.6 | Jul 27, 2026 | $10,300 | 16,365 | 13,307 | 72 |
| PA-651407 | 1.4 | Jul 24, 2025 | $17,100 | 12,284 | 12,760 | 69 |
| PA-592613 | 3.3 | Feb 8, 2025 | $29,700 | 8,939 | 11,371 | 67 |
| PA-281328 | 1.3 | Sep 25, 2024 | $12,900 | 9,875 | 12,349 | 67 |
| PA-923068 | 4.6 | Nov 30, 2024 | $41,300 | 8,948 | 11,609 | 63 |
| PA-620418 | 0.7 | Jun 20, 2025 | $6,400 | 9,473 | 9,834 | 62 |
| PA-233279 | 5.4 | Jul 13, 2024 | $35,500 | 6,596 | 7,412 | 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.