Comparable sales & offer analysis
Parcel IA-119639
Franklin County, IA · 593 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,952,800
Adjusted value
$3,654,641
Value range
$2,988,361–$4,320,921
Comp $/acre
$6,165/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.2% versus the adjusted value.
Offer position
Max allowable offer
$2,088,366
Offer $/acre
$3,523/ac
Projected profit
$1,096,392
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-899443 | 514.3 | Feb 10, 2026 | $2,928,400 | 5,693 | 6,477 | 83 |
| IA-649257 | 449.5 | Sep 28, 2025 | $3,667,500 | 8,159 | 7,691 | 74 |
| IA-359402 | 499.3 | Aug 16, 2024 | $3,889,900 | 7,791 | 4,733 | 70 |
| IA-977515 | 127.3 | Jul 27, 2026 | $1,331,100 | 10,460 | 6,914 | 68 |
| IA-397523 | 128.0 | Sep 20, 2024 | $911,200 | 7,119 | 4,957 | 62 |
| IA-688021 | 183.6 | Feb 4, 2025 | $2,942,000 | 16,024 | 7,149 | 59 |
| IA-727788 | 155.1 | Jun 30, 2025 | $925,700 | 5,969 | 4,930 | 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.