Comparable sales & offer analysis
Parcel CA-687411
Mendocino County, CA · 172 ac · Unzoned · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,455,200
Adjusted value
$1,189,059
Value range
$1,036,366–$1,341,752
Comp $/acre
$6,926/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.4% versus the adjusted value.
Offer position
Max allowable offer
$679,462
Offer $/acre
$3,958/ac
Projected profit
$356,718
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 |
|---|---|---|---|---|---|---|
| CA-327392 | 169.3 | May 16, 2026 | $1,777,000 | 10,495 | 8,354 | 85 |
| CA-917421 | 172.9 | May 2, 2026 | $1,116,700 | 6,458 | 5,433 | 84 |
| CA-167668 | 206.8 | Jun 20, 2026 | $1,272,400 | 6,153 | 7,399 | 79 |
| CA-456538 | 91.2 | Jul 27, 2026 | $722,400 | 7,921 | 6,745 | 76 |
| CA-797138 | 140.9 | Apr 6, 2026 | $977,400 | 6,939 | 6,520 | 76 |
| CA-168196 | 303.1 | Apr 20, 2026 | $2,945,600 | 9,717 | 8,130 | 75 |
| CA-818743 | 450.6 | Jul 27, 2026 | $2,438,100 | 5,411 | 6,907 | 70 |
| CA-387827 | 232.0 | Oct 6, 2024 | $1,144,500 | 4,932 | 5,782 | 69 |
| CA-756832 | 112.9 | Nov 12, 2024 | $845,600 | 7,493 | 6,951 | 68 |
| CA-238750 | 452.9 | Jun 3, 2025 | $2,845,700 | 6,284 | 6,902 | 67 |
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.
