Comparable sales & offer analysis
Parcel RI-972997
Newport County, RI · 1.75 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$90,700
Adjusted value
$70,929
Value range
$59,240–$82,618
Comp $/acre
$40,531/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +27.9% versus the adjusted value.
Offer position
Max allowable offer
$40,531
Offer $/acre
$23,160/ac
Projected profit
$21,279
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-362407 | 1.1 | Jun 19, 2026 | $49,400 | 43,331 | 37,278 | 82 |
| RI-383281 | 2.1 | Feb 17, 2026 | $50,700 | 23,590 | 30,573 | 79 |
| RI-924823 | 6.6 | Jul 27, 2026 | $187,900 | 28,555 | 37,872 | 70 |
| RI-371146 | 0.5 | Jul 27, 2026 | $16,800 | 36,516 | 42,488 | 70 |
| RI-861008 | 0.4 | Sep 11, 2025 | $15,800 | 37,668 | 38,603 | 70 |
| RI-805285 | 9.2 | Jul 27, 2026 | $678,200 | 73,722 | 47,219 | 69 |
| RI-644907 | 7.0 | Jul 27, 2026 | $342,800 | 48,969 | 52,148 | 69 |
| RI-825259 | 9.0 | Oct 23, 2025 | $204,600 | 22,662 | 31,663 | 63 |
| RI-734904 | 7.0 | Sep 19, 2024 | $295,400 | 42,316 | 41,271 | 62 |
| RI-421939 | 0.8 | Nov 5, 2024 | $61,800 | 76,327 | 48,531 | 61 |
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.