Comparable sales & offer analysis
Parcel NC-188800
Wake County, NC · 264 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$986,800
Adjusted value
$895,832
Value range
$751,973–$1,039,691
Comp $/acre
$3,392/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.2% versus the adjusted value.
Offer position
Max allowable offer
$511,904
Offer $/acre
$1,938/ac
Projected profit
$268,750
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 |
|---|---|---|---|---|---|---|
| NC-688672 | 240.7 | Jul 27, 2026 | $777,100 | 3,228 | 3,151 | 89 |
| NC-838353 | 191.1 | Jul 27, 2026 | $940,100 | 4,920 | 3,689 | 84 |
| NC-158460 | 206.5 | Jul 27, 2026 | $697,100 | 3,377 | 2,587 | 81 |
| NC-689139 | 337.6 | Apr 27, 2026 | $1,002,200 | 2,968 | 4,416 | 77 |
| NC-848769 | 258.3 | Oct 5, 2023 | $663,800 | 2,570 | 3,366 | 76 |
| NC-867907 | 138.3 | Jan 2, 2026 | $392,900 | 2,840 | 2,868 | 74 |
| NC-119112 | 331.1 | Dec 29, 2023 | $1,266,400 | 3,825 | 3,844 | 70 |
| NC-727370 | 93.7 | Nov 29, 2024 | $375,300 | 4,004 | 3,253 | 63 |
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.