Comparable sales & offer analysis
Parcel IA-397510
Butler County, IA · 127 ac · Residential · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,119,600
Adjusted value
$2,090,537
Value range
$1,582,743–$2,598,330
Comp $/acre
$16,487/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.4% versus the adjusted value.
Offer position
Max allowable offer
$1,194,592
Offer $/acre
$9,421/ac
Projected profit
$627,161
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-789237 | 443.0 | Jun 14, 2026 | $3,096,300 | 6,989 | 16,178 | 72 |
| IA-576203 | 49.2 | Jul 27, 2026 | $787,600 | 16,012 | 14,504 | 71 |
| IA-516761 | 73.7 | Feb 14, 2025 | $1,095,200 | 14,861 | 22,340 | 70 |
| IA-646543 | 62.9 | May 1, 2025 | $535,400 | 8,507 | 10,409 | 67 |
| IA-238460 | 252.3 | Aug 7, 2024 | $2,560,200 | 10,146 | 18,900 | 65 |
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.