Comparable sales & offer analysis
Parcel IA-364024
Franklin County, IA · 10.15 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$185,400
Adjusted value
$193,262
Value range
$148,108–$238,417
Comp $/acre
$19,041/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.1% versus the adjusted value.
Offer position
Max allowable offer
$110,436
Offer $/acre
$10,880/ac
Projected profit
$57,979
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-213050 | 5.0 | Dec 22, 2025 | $50,800 | 10,140 | 13,679 | 76 |
| IA-794833 | 18.2 | Oct 31, 2025 | $201,700 | 11,062 | 14,301 | 74 |
| IA-933383 | 6.4 | Feb 8, 2026 | $67,500 | 10,572 | 16,894 | 71 |
| IA-543324 | 6.1 | Oct 17, 2025 | $69,900 | 11,440 | 23,362 | 68 |
| IA-724888 | 19.0 | Jul 11, 2025 | $223,000 | 11,748 | 22,726 | 67 |
| IA-823668 | 7.8 | Sep 9, 2024 | $88,800 | 11,324 | 24,527 | 67 |
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.