Comparable sales & offer analysis
Parcel RI-860901
Washington County, RI · 0.38 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$7,800
Adjusted value
$8,640
Value range
$6,591–$10,689
Comp $/acre
$22,736/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.7% versus the adjusted value.
Offer position
Max allowable offer
$4,937
Offer $/acre
$12,992/ac
Projected profit
$2,592
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 |
|---|---|---|---|---|---|---|
| RI-681492 | 0.6 | Nov 6, 2025 | $30,900 | 52,383 | 32,178 | 73 |
| RI-790732 | 0.3 | Oct 30, 2024 | $7,700 | 22,588 | 24,122 | 72 |
| RI-642397 | 1.1 | Feb 22, 2026 | $28,000 | 24,523 | 17,663 | 66 |
| RI-532741 | 1.5 | Mar 22, 2025 | $47,900 | 32,783 | 24,586 | 62 |
| RI-362144 | 0.9 | Nov 30, 2024 | $13,700 | 14,421 | 18,174 | 59 |
| RI-843004 | 1.8 | Sep 17, 2024 | $34,600 | 19,678 | 17,559 | 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.