Comparable sales & offer analysis
Parcel RI-705131
Providence County, RI · 8.23 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$189,900
Adjusted value
$154,156
Value range
$122,145–$186,167
Comp $/acre
$18,731/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.2% versus the adjusted value.
Offer position
Max allowable offer
$88,089
Offer $/acre
$10,703/ac
Projected profit
$46,247
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-134939 | 7.2 | Jul 27, 2026 | $63,100 | 8,812 | 12,942 | 81 |
| RI-214372 | 4.8 | Jun 3, 2026 | $111,900 | 23,549 | 19,687 | 77 |
| RI-865450 | 10.4 | Jun 28, 2025 | $219,700 | 21,188 | 19,300 | 76 |
| RI-525489 | 10.7 | Nov 14, 2024 | $284,700 | 26,712 | 24,991 | 74 |
| RI-266620 | 24.2 | Jul 27, 2026 | $422,400 | 17,453 | 16,717 | 73 |
| RI-154508 | 5.2 | Aug 4, 2025 | $68,100 | 12,989 | 15,435 | 68 |
| RI-476836 | 28.3 | Jul 27, 2026 | $944,400 | 33,371 | 22,728 | 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.