Comparable sales & offer analysis
Parcel RI-268002
Newport County, RI · 65.85 ac · Residential · Dirt · Off grid
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$1,788,200
Adjusted value
$1,376,295
Value range
$1,004,134–$1,748,456
Comp $/acre
$20,900/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +29.9% versus the adjusted value.
Offer position
Max allowable offer
$786,454
Offer $/acre
$11,943/ac
Projected profit
$412,888
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 | 17,368 | 81 |
| RI-577533 | 46.9 | Jan 5, 2025 | $1,060,400 | 22,620 | 16,487 | 73 |
| RI-618895 | 125.8 | Oct 20, 2024 | $2,806,700 | 22,320 | 30,327 | 70 |
| RI-259420 | 183.9 | Apr 1, 2025 | $4,572,500 | 24,859 | 24,983 | 68 |
| RI-509551 | 202.3 | Jul 27, 2026 | $2,239,800 | 11,075 | 15,926 | 66 |
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.