Comparable sales & offer analysis
Parcel IA-641698
Butler County, IA · 1.88 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$19,000
Adjusted value
$22,567
Value range
$18,895–$26,240
Comp $/acre
$12,004/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.8% versus the adjusted value.
Offer position
Max allowable offer
$12,896
Offer $/acre
$6,859/ac
Projected profit
$6,770
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 | 11,354 | 80 |
| IA-272411 | 3.1 | Jul 27, 2026 | $89,200 | 28,314 | 14,075 | 77 |
| IA-942739 | 4.0 | Jun 18, 2026 | $97,900 | 24,472 | 13,855 | 75 |
| IA-501489 | 1.6 | May 16, 2025 | $39,500 | 24,393 | 14,801 | 75 |
| IA-382193 | 2.7 | Aug 5, 2025 | $56,200 | 20,907 | 12,112 | 72 |
| IA-222449 | 3.2 | Nov 2, 2023 | $40,500 | 12,494 | 8,176 | 70 |
| IA-920870 | 1.0 | Aug 9, 2025 | $16,900 | 16,427 | 9,816 | 67 |
| IA-210843 | 1.0 | Mar 6, 2025 | $15,500 | 15,345 | 10,843 | 67 |
| IA-341036 | 1.2 | Sep 3, 2024 | $23,900 | 20,629 | 12,806 | 65 |
| IA-560090 | 0.6 | Mar 24, 2025 | $11,300 | 19,167 | 11,574 | 58 |
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.