Comparable sales & offer analysis
Parcel CA-585406
San Luis Obispo County, CA · 40.17 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$439,800
Adjusted value
$503,529
Value range
$442,747–$564,311
Comp $/acre
$12,535/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.7% versus the adjusted value.
Offer position
Max allowable offer
$287,731
Offer $/acre
$7,163/ac
Projected profit
$151,059
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 | 12,277 | 74 |
| CA-435151 | 33.4 | May 22, 2024 | $283,200 | 8,480 | 10,151 | 71 |
| CA-296016 | 62.5 | Aug 3, 2024 | $637,200 | 10,196 | 14,297 | 68 |
| CA-185678 | 48.9 | Jun 4, 2025 | $345,400 | 7,060 | 12,494 | 67 |
| CA-104008 | 14.6 | Dec 8, 2025 | $151,700 | 10,399 | 10,978 | 64 |
| CA-684356 | 18.8 | May 3, 2024 | $202,800 | 10,805 | 14,537 | 60 |
| CA-503863 | 13.1 | Oct 11, 2024 | $136,900 | 10,420 | 13,408 | 57 |
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.