Comparable sales & offer analysis
Parcel IA-794833
Franklin County, IA · 18.23 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$237,800
Adjusted value
$299,272
Value range
$248,313–$350,230
Comp $/acre
$16,416/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.5% versus the adjusted value.
Offer position
Max allowable offer
$171,012
Offer $/acre
$9,381/ac
Projected profit
$89,781
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-724888 | 19.0 | Jul 11, 2025 | $223,000 | 11,748 | 18,258 | 82 |
| IA-364024 | 10.2 | Mar 1, 2025 | $194,500 | 19,161 | 16,337 | 69 |
| IA-735951 | 41.0 | Jun 14, 2025 | $277,100 | 6,763 | 11,871 | 66 |
| IA-933383 | 6.4 | Feb 8, 2026 | $67,500 | 10,572 | 13,575 | 64 |
| IA-543324 | 6.1 | Oct 17, 2025 | $69,900 | 11,440 | 18,771 | 61 |
| IA-823668 | 7.8 | Sep 9, 2024 | $88,800 | 11,324 | 19,702 | 59 |
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.