Comparable sales & offer analysis
Parcel CA-197644
Merced County, CA · 203 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,387,000
Adjusted value
$2,281,295
Value range
$1,819,946–$2,742,644
Comp $/acre
$11,225/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +4.6% versus the adjusted value.
Offer position
Max allowable offer
$1,303,597
Offer $/acre
$6,414/ac
Projected profit
$684,388
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-757412 | 171.8 | Feb 7, 2025 | $1,589,300 | 9,252 | 13,557 | 76 |
| CA-288208 | 305.8 | Oct 22, 2025 | $1,440,800 | 4,712 | 7,902 | 69 |
| CA-746799 | 110.2 | Feb 24, 2025 | $612,800 | 5,561 | 10,646 | 66 |
| CA-328329 | 333.8 | Feb 18, 2025 | $2,250,800 | 6,743 | 10,130 | 65 |
| CA-659223 | 637.9 | Jul 13, 2025 | $5,866,300 | 9,196 | 13,998 | 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.