Comparable sales & offer analysis
Parcel CA-585406
San Luis Obispo County, CA · 40.17 ac · Recreational · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$439,800
Adjusted value
$500,880
Value range
$440,414–$561,346
Comp $/acre
$12,469/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.2% versus the adjusted value.
Offer position
Max allowable offer
$286,217
Offer $/acre
$7,125/ac
Projected profit
$150,264
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 |
|---|---|---|---|---|---|---|
| CA-335625 | 47.1 | Jul 13, 2024 | $295,500 | 6,279 | 12,214 | 75 |
| CA-435151 | 33.4 | May 22, 2024 | $283,200 | 8,480 | 10,099 | 71 |
| CA-296016 | 62.5 | Aug 3, 2024 | $637,200 | 10,196 | 14,224 | 68 |
| CA-185678 | 48.9 | Jun 4, 2025 | $345,400 | 7,060 | 12,428 | 68 |
| CA-104008 | 14.6 | Dec 8, 2025 | $151,700 | 10,399 | 10,919 | 65 |
| CA-684356 | 18.8 | May 3, 2024 | $202,800 | 10,805 | 14,464 | 61 |
| CA-503863 | 13.1 | Oct 11, 2024 | $136,900 | 10,420 | 13,339 | 58 |
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.