Comparable sales & offer analysis
Parcel IA-894619
Butler County, IA · 15.62 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$181,000
Adjusted value
$263,225
Value range
$235,973–$290,477
Comp $/acre
$16,852/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -31.2% versus the adjusted value.
Offer position
Max allowable offer
$150,414
Offer $/acre
$9,630/ac
Projected profit
$78,968
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-314719 | 16.8 | Jul 4, 2026 | $259,100 | 15,430 | 15,718 | 89 |
| IA-224727 | 16.9 | Jul 27, 2026 | $406,300 | 24,055 | 20,046 | 87 |
| IA-754918 | 19.4 | Mar 20, 2025 | $239,600 | 12,357 | 15,876 | 71 |
| IA-253726 | 8.2 | Nov 10, 2025 | $202,100 | 24,704 | 16,820 | 69 |
| IA-576203 | 49.2 | Jul 27, 2026 | $787,600 | 16,012 | 18,349 | 67 |
| IA-704040 | 10.3 | Jul 8, 2025 | $107,800 | 10,500 | 15,608 | 67 |
| IA-574047 | 10.3 | May 11, 2024 | $120,600 | 11,684 | 14,901 | 63 |
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.