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Comparable sales & offer analysis

Parcel RI-476836

Providence County, RI · 28.30 ac · Recreational · Paved · Full utilities

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$961,700
Adjusted value
$893,292
Value range
$730,605–$1,055,979
Comp $/acre
$31,565/ac

Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.7% versus the adjusted value.

Offer position

Max allowable offer
$510,452
Offer $/acre
$18,037/ac
Projected profit
$267,987
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-26662024.2Jul 27, 2026$422,40017,45324,60084
RI-69742743.4Nov 2, 2025$1,042,40024,00832,57277
RI-38796664.2May 17, 2025$914,30014,25025,09468
RI-43845791.6Jun 4, 2025$2,294,60025,06240,62766
RI-86545010.4Jun 28, 2025$219,70021,18828,40765
RI-7051318.2Jan 28, 2026$195,60023,76635,97461
RI-52548910.7Nov 14, 2024$284,70026,71236,78757
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.