Comparable sales & offer analysis
Parcel RI-421939
Newport County, RI · 0.81 ac · Unzoned · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$64,200
Adjusted value
$52,711
Value range
$44,154–$61,267
Comp $/acre
$65,075/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +21.8% versus the adjusted value.
Offer position
Max allowable offer
$30,120
Offer $/acre
$37,186/ac
Projected profit
$15,813
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-362407 | 1.1 | Jun 19, 2026 | $49,400 | 43,331 | 63,355 | 80 |
| RI-371146 | 0.5 | Jul 27, 2026 | $16,800 | 36,516 | 72,211 | 73 |
| RI-972997 | 1.8 | Jul 27, 2026 | $80,000 | 45,713 | 77,865 | 71 |
| RI-383281 | 2.1 | Feb 17, 2026 | $50,700 | 23,590 | 51,955 | 66 |
| RI-150199 | 0.3 | Sep 25, 2024 | $9,700 | 32,342 | 47,890 | 66 |
| RI-861008 | 0.4 | Sep 11, 2025 | $15,800 | 37,668 | 65,596 | 65 |
| RI-571107 | 0.5 | Aug 11, 2024 | $18,600 | 41,347 | 76,053 | 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.