Comparable sales & offer analysis
Parcel RI-230458
Providence County, RI · 0.30 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,400
Adjusted value
$6,380
Value range
$5,377–$7,384
Comp $/acre
$21,268/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.4% versus the adjusted value.
Offer position
Max allowable offer
$3,646
Offer $/acre
$12,153/ac
Projected profit
$1,914
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-320205 | 0.3 | Jul 27, 2026 | $9,700 | 32,352 | 22,716 | 91 |
| RI-520404 | 0.3 | Jul 27, 2026 | $8,900 | 29,613 | 21,498 | 85 |
| RI-990513 | 0.3 | Dec 30, 2024 | $4,900 | 16,467 | 20,562 | 76 |
| RI-431599 | 0.6 | Jul 27, 2026 | $7,900 | 12,291 | 15,539 | 75 |
| RI-811886 | 0.8 | May 13, 2025 | $22,800 | 29,184 | 26,389 | 65 |
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.