Comparable sales & offer analysis
Parcel IA-704040
Butler County, IA · 10.27 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$116,200
Adjusted value
$122,517
Value range
$98,569–$146,465
Comp $/acre
$11,930/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.2% versus the adjusted value.
Offer position
Max allowable offer
$70,010
Offer $/acre
$6,817/ac
Projected profit
$36,755
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-574047 | 10.3 | May 11, 2024 | $120,600 | 11,684 | 10,546 | 76 |
| IA-314719 | 16.8 | Jul 4, 2026 | $259,100 | 15,430 | 11,123 | 75 |
| IA-224727 | 16.9 | Jul 27, 2026 | $406,300 | 24,055 | 14,187 | 73 |
| IA-253726 | 8.2 | Nov 10, 2025 | $202,100 | 24,704 | 11,903 | 72 |
| IA-754918 | 19.4 | Mar 20, 2025 | $239,600 | 12,357 | 11,235 | 70 |
| IA-894619 | 15.6 | Dec 10, 2025 | $185,000 | 11,843 | 8,667 | 70 |
| IA-272411 | 3.1 | Jul 27, 2026 | $89,200 | 28,314 | 15,451 | 67 |
| IA-942739 | 4.0 | Jun 18, 2026 | $97,900 | 24,472 | 15,209 | 67 |
| IA-222449 | 3.2 | Nov 2, 2023 | $40,500 | 12,494 | 8,970 | 61 |
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.