Comparable sales & offer analysis
Parcel CA-985338
Mendocino County, CA · 38.24 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$381,000
Adjusted value
$424,046
Value range
$339,490–$508,602
Comp $/acre
$11,089/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.2% versus the adjusted value.
Offer position
Max allowable offer
$242,312
Offer $/acre
$6,337/ac
Projected profit
$127,214
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-104967 | 29.2 | Jul 24, 2026 | $365,500 | 12,505 | 12,191 | 78 |
| CA-685728 | 50.7 | Nov 24, 2024 | $361,900 | 7,135 | 8,212 | 77 |
| CA-395354 | 38.7 | May 1, 2025 | $397,600 | 10,280 | 12,845 | 76 |
| CA-334669 | 23.6 | Jul 27, 2026 | $257,300 | 10,925 | 10,562 | 76 |
| CA-675521 | 43.7 | Mar 16, 2025 | $903,300 | 20,689 | 15,919 | 71 |
| CA-456538 | 91.2 | Jul 27, 2026 | $722,400 | 7,921 | 9,945 | 71 |
| CA-756832 | 112.9 | Nov 12, 2024 | $845,600 | 7,493 | 10,245 | 63 |
| CA-723821 | 12.7 | Aug 20, 2024 | $141,600 | 11,111 | 10,418 | 61 |
| CA-353652 | 11.3 | Aug 9, 2024 | $92,200 | 8,180 | 8,933 | 59 |
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.