Comparable sales & offer analysis
Parcel RI-644907
Newport County, RI · 7.00 ac · Residential · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$397,200
Adjusted value
$252,877
Value range
$215,408–$290,347
Comp $/acre
$36,125/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +57.1% versus the adjusted value.
Offer position
Max allowable offer
$144,501
Offer $/acre
$20,643/ac
Projected profit
$75,863
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 | 44,439 | 87 |
| RI-924823 | 6.6 | Jul 27, 2026 | $187,900 | 28,555 | 35,642 | 84 |
| RI-734904 | 7.0 | Sep 19, 2024 | $295,400 | 42,316 | 38,841 | 77 |
| RI-825259 | 9.0 | Oct 23, 2025 | $204,600 | 22,662 | 29,799 | 75 |
| RI-325258 | 9.0 | Feb 15, 2024 | $501,400 | 55,584 | 36,888 | 70 |
| RI-383281 | 2.1 | Feb 17, 2026 | $50,700 | 23,590 | 28,773 | 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.