Comparable sales & offer analysis
Parcel RI-825259
Newport County, RI · 9.03 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$217,700
Adjusted value
$293,504
Value range
$257,070–$329,938
Comp $/acre
$32,503/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.8% versus the adjusted value.
Offer position
Max allowable offer
$167,717
Offer $/acre
$18,573/ac
Projected profit
$88,051
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-805285 | 9.2 | Jul 27, 2026 | $678,200 | 73,722 | 35,144 | 86 |
| RI-924823 | 6.6 | Jul 27, 2026 | $187,900 | 28,555 | 28,187 | 85 |
| RI-644907 | 7.0 | Jul 27, 2026 | $342,800 | 48,969 | 38,812 | 80 |
| RI-325258 | 9.0 | Feb 15, 2024 | $501,400 | 55,584 | 29,158 | 71 |
| RI-734904 | 7.0 | Sep 19, 2024 | $295,400 | 42,316 | 30,704 | 70 |
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.