Comparable sales & offer analysis
Parcel RI-734904
Newport County, RI · 6.98 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$276,300
Adjusted value
$313,250
Value range
$252,038–$374,462
Comp $/acre
$44,878/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.8% versus the adjusted value.
Offer position
Max allowable offer
$179,000
Offer $/acre
$25,645/ac
Projected profit
$93,975
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 | 58,071 | 88 |
| RI-924823 | 6.6 | Jul 27, 2026 | $187,900 | 28,555 | 42,173 | 84 |
| RI-805285 | 9.2 | Jul 27, 2026 | $678,200 | 73,722 | 52,582 | 79 |
| RI-825259 | 9.0 | Oct 23, 2025 | $204,600 | 22,662 | 35,253 | 75 |
| RI-325258 | 9.0 | Feb 15, 2024 | $501,400 | 55,584 | 43,625 | 69 |
| RI-383281 | 2.1 | Feb 17, 2026 | $50,700 | 23,590 | 34,042 | 68 |
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.