Comparable sales & offer analysis
Parcel RI-577533
Newport County, RI · 46.88 ac · Recreational · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,277,600
Adjusted value
$1,587,727
Value range
$1,243,185–$1,932,269
Comp $/acre
$33,868/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.5% versus the adjusted value.
Offer position
Max allowable offer
$907,273
Offer $/acre
$19,353/ac
Projected profit
$476,318
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-467614 | 49.7 | Jul 27, 2026 | $1,304,500 | 26,237 | 25,572 | 83 |
| RI-268002 | 65.8 | May 15, 2025 | $1,618,300 | 24,576 | 38,293 | 75 |
| RI-805285 | 9.2 | Jul 27, 2026 | $678,200 | 73,722 | 41,728 | 69 |
| RI-509551 | 202.3 | Jul 27, 2026 | $2,239,800 | 11,075 | 23,450 | 68 |
| RI-618895 | 125.8 | Oct 20, 2024 | $2,806,700 | 22,320 | 44,653 | 62 |
| RI-825259 | 9.0 | Oct 23, 2025 | $204,600 | 22,662 | 27,976 | 62 |
| RI-259420 | 183.9 | Apr 1, 2025 | $4,572,500 | 24,859 | 36,785 | 60 |
| RI-325258 | 9.0 | Feb 15, 2024 | $501,400 | 55,584 | 34,620 | 54 |
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.