Comparable sales & offer analysis
Parcel RI-618895
Newport County, RI · 126 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,727,600
Adjusted value
$2,015,564
Value range
$1,574,856–$2,456,273
Comp $/acre
$16,028/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +35.3% versus the adjusted value.
Offer position
Max allowable offer
$1,151,751
Offer $/acre
$9,159/ac
Projected profit
$604,669
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-509551 | 202.3 | Jul 27, 2026 | $2,239,800 | 11,075 | 12,613 | 81 |
| RI-259420 | 183.9 | Apr 1, 2025 | $4,572,500 | 24,859 | 19,791 | 78 |
| RI-268002 | 65.8 | May 15, 2025 | $1,618,300 | 24,576 | 20,603 | 73 |
| RI-467614 | 49.7 | Jul 27, 2026 | $1,304,500 | 26,237 | 13,755 | 71 |
| RI-577533 | 46.9 | Jan 5, 2025 | $1,060,400 | 22,620 | 13,062 | 64 |
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.