Comparable sales & offer analysis
Parcel IA-471320
Franklin County, IA · 1.43 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$22,700
Adjusted value
$34,329
Value range
$29,464–$39,193
Comp $/acre
$24,006/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.9% versus the adjusted value.
Offer position
Max allowable offer
$19,616
Offer $/acre
$13,718/ac
Projected profit
$10,299
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-321413 | 1.5 | Nov 4, 2024 | $36,900 | 24,142 | 26,109 | 79 |
| IA-720766 | 1.0 | Feb 21, 2025 | $11,500 | 11,961 | 18,243 | 71 |
| IA-980556 | 0.8 | Mar 27, 2025 | $9,600 | 11,652 | 26,003 | 70 |
| IA-460795 | 1.0 | Feb 24, 2025 | $12,400 | 12,689 | 22,502 | 67 |
| IA-770219 | 0.6 | Jul 4, 2025 | $13,300 | 20,762 | 22,409 | 62 |
| IA-420271 | 0.7 | May 2, 2024 | $20,900 | 31,174 | 28,880 | 62 |
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.