Comparable sales & offer analysis
Parcel IA-920870
Butler County, IA · 1.03 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$18,000
Adjusted value
$21,322
Value range
$17,950–$24,694
Comp $/acre
$20,701/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.6% versus the adjusted value.
Offer position
Max allowable offer
$12,184
Offer $/acre
$11,829/ac
Projected profit
$6,397
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-591199 | 1.3 | Jul 27, 2026 | $27,100 | 20,683 | 19,924 | 88 |
| IA-341036 | 1.2 | Sep 3, 2024 | $23,900 | 20,629 | 22,463 | 78 |
| IA-210843 | 1.0 | Mar 6, 2025 | $15,500 | 15,345 | 19,022 | 77 |
| IA-501489 | 1.6 | May 16, 2025 | $39,500 | 24,393 | 25,966 | 76 |
| IA-641698 | 1.9 | May 3, 2026 | $18,200 | 9,692 | 17,211 | 71 |
| IA-560090 | 0.6 | Mar 24, 2025 | $11,300 | 19,167 | 20,305 | 70 |
| IA-272411 | 3.1 | Jul 27, 2026 | $89,200 | 28,314 | 24,699 | 69 |
| IA-382193 | 2.7 | Aug 5, 2025 | $56,200 | 20,907 | 21,250 | 64 |
| IA-222449 | 3.2 | Nov 2, 2023 | $40,500 | 12,494 | 14,339 | 59 |
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.