How to Use the AI Comp Report to Accurately Estimate Land Prices

Pricing land accurately is one of the most critical challenges in land investing, and one of the most time-consuming.

That’s why we built the AI Comp Report, an advanced tool that uses real-time MLS data and property-specific features to generate a TLP Estimate (Land Portal Estimate) for any parcel.

Powered by AI and machine learning, this report analyzes factors like slope, wetlands, road frontage, and nearby comps to calculate what a property is truly worth.

Instead of averaging comps blindly, the AI Comp Report selects the most relevant recent sales and weighs them heavily to give you a smarter, more accurate valuation.

The TLP Estimate is available directly in your parcel interface and also included in your data exports—saving you hours of manual comp analysis.

Here’s how to access and use the AI Comp Report and the TLP Estimate step-by-step.

Step 1: Log in to Land Portal

To get started, log in to Land Portal if you haven’t already.

Step 2: Click on Any Parcel

Use the interactive map or search bar to locate a property you're researching.

Click on the parcel to view its details.

Step 3: Open the AI Reports Menu

In the top left corner of the property card, click “AI Reports.”

This will display a dropdown with available reports.

Click “Comp Report” from the dropdown to generate the AI Comp Report.

It typically takes 5–10 seconds to load.

Step 4: Review the AI Comp Report

You can find your AI Comp Report under "Comp Reports" in the left-hand menu.

You can view it on-screen or download it as a PDF.

The AI Comp report includes:

Property details

Slope, wetlands, and road access info

FEMA flood zone data

The TLP Estimate (total property value and price per acre)

A curated list of comps used by the AI model

Step 5: Analyzing the Cost Estimation

At the heart of the AI Comp Report is the Cost Estimation section, this is where the magic happens.

It’s the most important part of the report and your go-to tool for understanding a property’s market value.

Here’s what you’ll find in this section:

TLP Estimate – The total estimated market value of the parcel based on AI analysis of nearby comps, property features, and MLS data.

TLP Estimate Price Per Acre – A price-per-acre value that reflects the property’s individual characteristics, not just a basic average.

Average Price (All Similar) Per Acre – A general average of comparable properties the system reviewed.

Average Price (County) Per Acre – A price benchmark based on all relevant comps within the county.

Average Price (Zipcode) Per Acre – A hyper-local price comparison specific to the property’s zip code.

Step 6: Review the Similar Plots Section for Comp Details

Directly below the Cost Estimation section, you'll find the Similar Plots section, which ties directly into how the TLP Estimate is calculated.

This section lists the comps the AI used to create the estimate and allows you to dig deeper into the data.

In this section, you can:

View the price per acre and key property details for each comp.

See indicators like road frontage, wetlands, and slope.

Open each comp on the interactive map to understand the property’s layout and location.

View the full MLS details for additional insights like sale date, acreage, and list price

This gives you full transparency into the comps driving the TLP Estimate and lets you manually verify how they stack up to the property you’re analyzing.

In our testing, the TLP Estimate has proven to be highly accurate for over 90% of properties, making it a powerful tool for deal evaluation and negotiation.

Step 7: Apply the TLP Estimate to Your Deal Analysis

The TLP Estimate is an actionable pricing tool.

Use it to:

Evaluate deal quality instantly.

Justify your offers during seller negotiations.

Sort through exported property lists by estimated value.

The estimate is automatically included in every nationwide data export, making mass analysis faster and smarter.

If you’ve ever struggled with pricing land or comparing comps, the AI Comp Report and TLP Estimate are tools you need to be using.

They bring speed, accuracy, and confidence to your land investment strategy.

Log in to Land Portal now and start running AI Comp Reports on your target properties.