Comparable sales & offer analysis
Parcel IA-976961
Allamakee County, IA · 85.19 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$502,900
Adjusted value
$519,719
Value range
$398,756–$640,682
Comp $/acre
$6,101/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.2% versus the adjusted value.
Offer position
Max allowable offer
$296,982
Offer $/acre
$3,486/ac
Projected profit
$155,916
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 |
|---|---|---|---|---|---|---|
| IA-406897 | 81.3 | Jun 30, 2026 | $472,700 | 5,812 | 4,570 | 86 |
| IA-636502 | 61.1 | Jul 14, 2026 | $758,400 | 12,414 | 5,662 | 77 |
| IA-187600 | 135.3 | Feb 2, 2025 | $1,351,500 | 9,986 | 5,653 | 72 |
| IA-767815 | 158.2 | Mar 27, 2025 | $2,577,100 | 16,296 | 8,101 | 68 |
| IA-775711 | 34.4 | Aug 18, 2025 | $253,600 | 7,365 | 5,037 | 67 |
| IA-838129 | 198.5 | Feb 25, 2024 | $2,172,400 | 10,942 | 8,285 | 60 |
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.
