Comparable sales & offer analysis
Parcel IA-823668
Franklin County, IA · 7.84 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$89,500
Adjusted value
$73,321
Value range
$58,274–$88,368
Comp $/acre
$9,352/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.1% versus the adjusted value.
Offer position
Max allowable offer
$41,898
Offer $/acre
$5,344/ac
Projected profit
$21,996
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-933383 | 6.4 | Feb 8, 2026 | $67,500 | 10,572 | 8,480 | 78 |
| IA-543324 | 6.1 | Oct 17, 2025 | $69,900 | 11,440 | 11,726 | 78 |
| IA-213050 | 5.0 | Dec 22, 2025 | $50,800 | 10,140 | 6,866 | 70 |
| IA-364024 | 10.2 | Mar 1, 2025 | $194,500 | 19,161 | 10,205 | 69 |
| IA-724888 | 19.0 | Jul 11, 2025 | $223,000 | 11,748 | 11,405 | 68 |
| IA-794833 | 18.2 | Oct 31, 2025 | $201,700 | 11,062 | 7,178 | 64 |
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.