Comparable sales & offer analysis
Parcel RI-325258
Newport County, RI · 9.02 ac · Agricultural · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$480,700
Adjusted value
$600,725
Value range
$498,925–$702,524
Comp $/acre
$66,599/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.0% versus the adjusted value.
Offer position
Max allowable offer
$343,271
Offer $/acre
$38,057/ac
Projected profit
$180,217
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-805285 | 9.2 | Jul 27, 2026 | $678,200 | 73,722 | 74,408 | 89 |
| RI-644907 | 7.0 | Jul 27, 2026 | $342,800 | 48,969 | 82,175 | 82 |
| RI-924823 | 6.6 | Jul 27, 2026 | $187,900 | 28,555 | 59,679 | 82 |
| RI-825259 | 9.0 | Oct 23, 2025 | $204,600 | 22,662 | 49,886 | 78 |
| RI-734904 | 7.0 | Sep 19, 2024 | $295,400 | 42,316 | 65,009 | 71 |
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.