Comparable sales & offer analysis
Parcel IL-458377
Wayne County, IL · 259 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,511,700
Adjusted value
$1,934,321
Value range
$1,497,889–$2,370,753
Comp $/acre
$7,462/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +29.8% versus the adjusted value.
Offer position
Max allowable offer
$1,105,326
Offer $/acre
$4,264/ac
Projected profit
$580,296
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 |
|---|---|---|---|---|---|---|
| IL-589778 | 715.2 | Feb 3, 2026 | $5,433,600 | 7,597 | 8,618 | 72 |
| IL-597514 | 138.7 | Jun 19, 2026 | $1,038,200 | 7,484 | 7,372 | 72 |
| IL-957942 | 189.2 | Feb 3, 2026 | $1,531,300 | 8,096 | 10,360 | 72 |
| IL-398982 | 401.8 | Aug 17, 2025 | $1,911,200 | 4,757 | 6,628 | 69 |
| IL-879328 | 516.3 | Jan 21, 2025 | $1,853,400 | 3,590 | 5,453 | 65 |
| IL-409744 | 697.8 | Oct 16, 2025 | $2,154,800 | 3,088 | 5,874 | 62 |
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.