Comparable sales & offer analysis
Parcel IA-770219
Franklin County, IA · 0.64 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$12,500
Adjusted value
$14,382
Value range
$11,667–$17,097
Comp $/acre
$22,472/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.1% versus the adjusted value.
Offer position
Max allowable offer
$8,218
Offer $/acre
$12,841/ac
Projected profit
$4,315
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-420271 | 0.7 | May 2, 2024 | $20,900 | 31,174 | 28,018 | 72 |
| IA-460795 | 1.0 | Feb 24, 2025 | $12,400 | 12,689 | 21,827 | 71 |
| IA-980556 | 0.8 | Mar 27, 2025 | $9,600 | 11,652 | 25,223 | 70 |
| IA-720766 | 1.0 | Feb 21, 2025 | $11,500 | 11,961 | 17,696 | 69 |
| IA-471320 | 1.4 | Apr 10, 2025 | $22,500 | 15,700 | 16,177 | 61 |
| IA-321413 | 1.5 | Nov 4, 2024 | $36,900 | 24,142 | 25,327 | 60 |
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.