Comparable sales & offer analysis
Parcel IA-428591
Fayette County, IA · 277 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,244,400
Adjusted value
$1,299,441
Value range
$1,104,047–$1,494,834
Comp $/acre
$4,683/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.2% versus the adjusted value.
Offer position
Max allowable offer
$742,538
Offer $/acre
$2,676/ac
Projected profit
$389,832
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-618081 | 191.8 | Jul 27, 2026 | $712,500 | 3,716 | 3,922 | 80 |
| IA-168718 | 304.2 | Feb 2, 2024 | $716,000 | 2,354 | 3,954 | 72 |
| IA-157999 | 180.7 | Mar 3, 2025 | $1,226,700 | 6,789 | 5,454 | 71 |
| IA-409760 | 647.1 | Jan 9, 2025 | $3,050,100 | 4,713 | 5,533 | 66 |
| IA-209940 | 737.3 | Mar 3, 2024 | $2,756,300 | 3,739 | 4,721 | 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.