Comparable sales & offer analysis
Parcel RI-467614
Newport County, RI · 49.72 ac · Unzoned · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,377,500
Adjusted value
$1,724,164
Value range
$1,338,353–$2,109,975
Comp $/acre
$34,677/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.1% versus the adjusted value.
Offer position
Max allowable offer
$985,237
Offer $/acre
$19,816/ac
Projected profit
$517,249
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-268002 | 65.8 | May 15, 2025 | $1,618,300 | 24,576 | 39,385 | 74 |
| RI-577533 | 46.9 | Jan 5, 2025 | $1,060,400 | 22,620 | 24,970 | 74 |
| RI-509551 | 202.3 | Jul 27, 2026 | $2,239,800 | 11,075 | 24,112 | 69 |
| RI-805285 | 9.2 | Jul 27, 2026 | $678,200 | 73,722 | 42,906 | 68 |
| RI-825259 | 9.0 | Oct 23, 2025 | $204,600 | 22,662 | 28,771 | 62 |
| RI-618895 | 125.8 | Oct 20, 2024 | $2,806,700 | 22,320 | 45,932 | 60 |
| RI-259420 | 183.9 | Apr 1, 2025 | $4,572,500 | 24,859 | 37,835 | 57 |
| RI-325258 | 9.0 | Feb 15, 2024 | $501,400 | 55,584 | 35,616 | 56 |
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.