Comparable sales & offer analysis
Parcel IA-224727
Butler County, IA · 16.89 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$459,600
Adjusted value
$318,078
Value range
$282,127–$354,030
Comp $/acre
$18,832/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +44.5% versus the adjusted value.
Offer position
Max allowable offer
$181,759
Offer $/acre
$10,761/ac
Projected profit
$95,423
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-314719 | 16.8 | Jul 4, 2026 | $259,100 | 15,430 | 19,008 | 84 |
| IA-894619 | 15.6 | Dec 10, 2025 | $185,000 | 11,843 | 14,811 | 82 |
| IA-754918 | 19.4 | Mar 20, 2025 | $239,600 | 12,357 | 19,199 | 73 |
| IA-576203 | 49.2 | Jul 27, 2026 | $787,600 | 16,012 | 22,190 | 70 |
| IA-253726 | 8.2 | Nov 10, 2025 | $202,100 | 24,704 | 20,341 | 70 |
| IA-574047 | 10.3 | May 11, 2024 | $120,600 | 11,684 | 18,021 | 70 |
| IA-704040 | 10.3 | Jul 8, 2025 | $107,800 | 10,500 | 18,876 | 66 |
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.