Comparable sales & offer analysis
Parcel NC-838353
Wake County, NC · 191 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$964,200
Adjusted value
$877,193
Value range
$717,104–$1,037,283
Comp $/acre
$4,591/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.9% versus the adjusted value.
Offer position
Max allowable offer
$501,253
Offer $/acre
$2,624/ac
Projected profit
$263,158
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-158460 | 206.5 | Jul 27, 2026 | $697,100 | 3,377 | 3,458 | 84 |
| NC-688672 | 240.7 | Jul 27, 2026 | $777,100 | 3,228 | 4,212 | 84 |
| NC-867907 | 138.3 | Jan 2, 2026 | $392,900 | 2,840 | 3,833 | 76 |
| NC-188800 | 264.1 | Aug 10, 2024 | $1,048,000 | 3,968 | 5,753 | 72 |
| NC-689139 | 337.6 | Apr 27, 2026 | $1,002,200 | 2,968 | 5,904 | 70 |
| NC-848769 | 258.3 | Oct 5, 2023 | $663,800 | 2,570 | 4,500 | 68 |
| NC-727370 | 93.7 | Nov 29, 2024 | $375,300 | 4,004 | 4,348 | 63 |
| NC-119112 | 331.1 | Dec 29, 2023 | $1,266,400 | 3,825 | 5,138 | 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.