Comparable sales & offer analysis
Parcel RI-387966
Providence County, RI · 64.16 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$865,800
Adjusted value
$1,097,781
Value range
$834,375–$1,361,188
Comp $/acre
$17,110/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.1% versus the adjusted value.
Offer position
Max allowable offer
$627,304
Offer $/acre
$9,777/ac
Projected profit
$329,334
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-476836 | 28.3 | Jul 27, 2026 | $944,400 | 33,371 | 19,988 | 77 |
| RI-398668 | 106.7 | Oct 17, 2025 | $1,127,500 | 10,569 | 12,322 | 76 |
| RI-438457 | 91.6 | Jun 4, 2025 | $2,294,600 | 25,062 | 24,280 | 74 |
| RI-697427 | 43.4 | Nov 2, 2025 | $1,042,400 | 24,008 | 19,466 | 74 |
| RI-266620 | 24.2 | Jul 27, 2026 | $422,400 | 17,453 | 14,702 | 73 |
| RI-178726 | 111.3 | Oct 17, 2023 | $945,000 | 8,494 | 12,770 | 64 |
| RI-989355 | 175.5 | Aug 5, 2025 | $2,447,600 | 13,948 | 15,356 | 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.