Comparable sales & offer analysis
Parcel RI-924823
Newport County, RI · 6.58 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$209,700
Adjusted value
$203,325
Value range
$164,043–$242,607
Comp $/acre
$30,900/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.1% versus the adjusted value.
Offer position
Max allowable offer
$116,186
Offer $/acre
$17,657/ac
Projected profit
$60,998
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-644907 | 7.0 | Jul 27, 2026 | $342,800 | 48,969 | 39,626 | 83 |
| RI-825259 | 9.0 | Oct 23, 2025 | $204,600 | 22,662 | 24,056 | 79 |
| RI-805285 | 9.2 | Jul 27, 2026 | $678,200 | 73,722 | 35,880 | 79 |
| RI-734904 | 7.0 | Sep 19, 2024 | $295,400 | 42,316 | 31,348 | 73 |
| RI-325258 | 9.0 | Feb 15, 2024 | $501,400 | 55,584 | 29,769 | 70 |
| RI-383281 | 2.1 | Feb 17, 2026 | $50,700 | 23,590 | 23,229 | 69 |
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.