Comparable sales & offer analysis
Parcel RI-371146
Newport County, RI · 0.46 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$17,700
Adjusted value
$15,699
Value range
$12,996–$18,402
Comp $/acre
$34,128/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.7% versus the adjusted value.
Offer position
Max allowable offer
$8,971
Offer $/acre
$19,502/ac
Projected profit
$4,710
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 |
|---|---|---|---|---|---|---|
| RI-861008 | 0.4 | Sep 11, 2025 | $15,800 | 37,668 | 33,430 | 80 |
| RI-571107 | 0.5 | Aug 11, 2024 | $18,600 | 41,347 | 38,759 | 77 |
| RI-150199 | 0.3 | Sep 25, 2024 | $9,700 | 32,342 | 24,407 | 69 |
| RI-362407 | 1.1 | Jun 19, 2026 | $49,400 | 43,331 | 32,288 | 68 |
| RI-421939 | 0.8 | Nov 5, 2024 | $61,800 | 76,327 | 42,020 | 62 |
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.