Comparable sales & offer analysis
Parcel IA-735951
Franklin County, IA · 40.98 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$263,200
Adjusted value
$407,702
Value range
$329,058–$486,347
Comp $/acre
$9,949/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -35.4% versus the adjusted value.
Offer position
Max allowable offer
$232,973
Offer $/acre
$5,685/ac
Projected profit
$122,311
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-466657 | 68.3 | Jul 27, 2026 | $953,000 | 13,943 | 12,478 | 75 |
| IA-977515 | 127.3 | Jul 27, 2026 | $1,331,100 | 10,460 | 11,145 | 75 |
| IA-217204 | 101.6 | Mar 23, 2025 | $1,593,100 | 15,682 | 9,606 | 69 |
| IA-794833 | 18.2 | Oct 31, 2025 | $201,700 | 11,062 | 6,905 | 68 |
| IA-724888 | 19.0 | Jul 11, 2025 | $223,000 | 11,748 | 10,972 | 68 |
| IA-397523 | 128.0 | Sep 20, 2024 | $911,200 | 7,119 | 7,986 | 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.