Comparable sales & offer analysis
Parcel IA-222449
Butler County, IA · 3.24 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$46,000
Adjusted value
$65,917
Value range
$55,931–$75,902
Comp $/acre
$20,345/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.2% versus the adjusted value.
Offer position
Max allowable offer
$37,667
Offer $/acre
$11,626/ac
Projected profit
$19,775
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-272411 | 3.1 | Jul 27, 2026 | $89,200 | 28,314 | 24,162 | 87 |
| IA-942739 | 4.0 | Jun 18, 2026 | $97,900 | 24,472 | 23,783 | 82 |
| IA-641698 | 1.9 | May 3, 2026 | $18,200 | 9,692 | 16,837 | 80 |
| IA-382193 | 2.7 | Aug 5, 2025 | $56,200 | 20,907 | 20,787 | 74 |
| IA-591199 | 1.3 | Jul 27, 2026 | $27,100 | 20,683 | 19,490 | 70 |
| IA-501489 | 1.6 | May 16, 2025 | $39,500 | 24,393 | 25,401 | 70 |
| IA-253726 | 8.2 | Nov 10, 2025 | $202,100 | 24,704 | 18,613 | 67 |
| IA-704040 | 10.3 | Jul 8, 2025 | $107,800 | 10,500 | 17,273 | 66 |
| IA-920870 | 1.0 | Aug 9, 2025 | $16,900 | 16,427 | 16,846 | 65 |
| IA-210843 | 1.0 | Mar 6, 2025 | $15,500 | 15,345 | 18,607 | 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.