Comparable sales & offer analysis
Parcel IA-509794
Butler County, IA · 663 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$3,549,500
Adjusted value
$4,489,202
Value range
$3,695,214–$5,283,190
Comp $/acre
$6,768/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.9% versus the adjusted value.
Offer position
Max allowable offer
$2,565,258
Offer $/acre
$3,868/ac
Projected profit
$1,346,761
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-539553 | 557.0 | Jul 27, 2026 | $2,770,300 | 4,974 | 4,842 | 83 |
| IA-789237 | 443.0 | Jun 14, 2026 | $3,096,300 | 6,989 | 7,242 | 80 |
| IA-849390 | 495.0 | Mar 21, 2026 | $5,912,000 | 11,944 | 6,561 | 76 |
| IA-238460 | 252.3 | Aug 7, 2024 | $2,560,200 | 10,146 | 8,461 | 66 |
| IA-559273 | 454.7 | Oct 4, 2024 | $3,430,400 | 7,544 | 7,170 | 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.