Comparable sales & offer analysis
Parcel CA-473369
Merced County, CA · 9.18 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$189,300
Adjusted value
$158,081
Value range
$134,243–$181,920
Comp $/acre
$17,220/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.7% versus the adjusted value.
Offer position
Max allowable offer
$90,332
Offer $/acre
$9,840/ac
Projected profit
$47,424
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-964110 | 15.7 | Jul 27, 2026 | $148,400 | 9,447 | 17,209 | 82 |
| CA-114673 | 23.6 | Apr 1, 2026 | $223,000 | 9,441 | 14,503 | 70 |
| CA-361219 | 1.9 | Jul 27, 2026 | $41,900 | 21,696 | 20,366 | 68 |
| CA-834911 | 28.1 | Jul 27, 2026 | $343,800 | 12,253 | 19,053 | 68 |
| CA-202271 | 4.2 | Feb 19, 2025 | $73,900 | 17,807 | 21,300 | 64 |
| CA-165243 | 35.7 | Nov 7, 2024 | $447,400 | 12,535 | 15,890 | 61 |
| CA-815706 | 49.9 | Dec 23, 2025 | $485,600 | 9,728 | 15,130 | 60 |
| CA-411208 | 1.9 | May 18, 2024 | $18,700 | 9,738 | 13,652 | 57 |
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.