Comparable sales & offer analysis
Parcel IA-397523
Franklin County, IA · 128 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,022,700
Adjusted value
$1,252,653
Value range
$1,018,045–$1,487,262
Comp $/acre
$9,786/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.4% versus the adjusted value.
Offer position
Max allowable offer
$715,802
Offer $/acre
$5,592/ac
Projected profit
$375,796
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-977515 | 127.3 | Jul 27, 2026 | $1,331,100 | 10,460 | 10,784 | 86 |
| IA-466657 | 68.3 | Jul 27, 2026 | $953,000 | 13,943 | 12,074 | 82 |
| IA-217204 | 101.6 | Mar 23, 2025 | $1,593,100 | 15,682 | 9,295 | 74 |
| IA-727788 | 155.1 | Jun 30, 2025 | $925,700 | 5,969 | 7,688 | 72 |
| IA-688021 | 183.6 | Feb 4, 2025 | $2,942,000 | 16,024 | 11,146 | 68 |
| IA-735951 | 41.0 | Jun 14, 2025 | $277,100 | 6,763 | 6,903 | 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.