Comparable sales & offer analysis
Parcel NC-404841
Wake County, NC · 15.01 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$39,000
Adjusted value
$58,191
Value range
$49,189–$67,193
Comp $/acre
$3,877/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.0% versus the adjusted value.
Offer position
Max allowable offer
$33,252
Offer $/acre
$2,215/ac
Projected profit
$17,457
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-604686 | 13.4 | Jul 27, 2026 | $67,400 | 5,029 | 3,407 | 90 |
| NC-285199 | 19.4 | Jul 27, 2026 | $50,700 | 2,605 | 3,183 | 86 |
| NC-154945 | 16.2 | May 9, 2026 | $93,100 | 5,755 | 4,836 | 85 |
| NC-974370 | 10.7 | Jul 27, 2026 | $62,800 | 5,883 | 4,592 | 78 |
| NC-825316 | 21.2 | Aug 26, 2025 | $124,300 | 5,872 | 4,353 | 76 |
| NC-644612 | 12.7 | Dec 7, 2024 | $41,200 | 3,245 | 4,042 | 74 |
| NC-774987 | 16.7 | Nov 19, 2024 | $75,800 | 4,543 | 3,966 | 70 |
| NC-886079 | 36.8 | Apr 18, 2026 | $138,000 | 3,750 | 2,949 | 70 |
| NC-286304 | 43.3 | Jun 28, 2025 | $102,400 | 2,365 | 3,425 | 67 |
| NC-303172 | 4.5 | Jan 18, 2026 | $23,500 | 5,240 | 3,963 | 64 |
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.