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Comparable sales & offer analysis

Parcel RI-923051

Providence County, RI · 1.82 ac · Residential · Gravel · Full utilities

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$51,600
Adjusted value
$52,392
Value range
$37,722–$67,061
Comp $/acre
$28,787/ac

Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.5% versus the adjusted value.

Offer position

Max allowable offer
$29,938
Offer $/acre
$16,450/ac
Projected profit
$15,718
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
RI-7226921.4Nov 8, 2025$52,60037,33638,38281
RI-4632502.1Aug 17, 2025$16,8007,94717,52778
RI-2143724.8Jun 3, 2026$111,90023,54929,80074
RI-4128161.5Jul 7, 2025$34,60022,49633,30474
RI-4315990.6Jul 27, 2026$7,90012,29121,83473
RI-3827841.5Oct 14, 2024$23,00015,30816,99471
RI-7823971.1Jul 27, 2024$25,40022,28940,13170
RI-8118860.8May 13, 2025$22,80029,18437,09169
RI-1545085.2Aug 4, 2025$68,10012,98923,36862
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.