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Comparable sales & offer analysis

Parcel RI-989355

Providence County, RI · 175 ac · Agricultural · Gravel · Full utilities

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$2,819,800
Adjusted value
$2,779,899
Value range
$2,012,985–$3,546,812
Comp $/acre
$15,842/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.4% versus the adjusted value.

Offer position

Max allowable offer
$1,588,513
Offer $/acre
$9,052/ac
Projected profit
$833,970
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-398668106.7Oct 17, 2025$1,127,50010,56911,73973
RI-178726111.3Oct 17, 2023$945,0008,49412,16165
RI-43845791.6Jun 4, 2025$2,294,60025,06223,13065
RI-38796664.2May 17, 2025$914,30014,25014,28659
RI-69742743.4Nov 2, 2025$1,042,40024,00818,54659
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.