Comparable sales & offer analysis
Parcel IA-359402
Franklin County, IA · 499 ac · Recreational · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,086,000
Adjusted value
$5,548,215
Value range
$4,462,706–$6,633,723
Comp $/acre
$11,112/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.4% versus the adjusted value.
Offer position
Max allowable offer
$3,170,409
Offer $/acre
$6,350/ac
Projected profit
$1,664,464
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-119639 | 592.8 | Mar 19, 2026 | $2,693,000 | 4,543 | 8,289 | 78 |
| IA-649257 | 449.5 | Sep 28, 2025 | $3,667,500 | 8,159 | 13,796 | 77 |
| IA-899443 | 514.3 | Feb 10, 2026 | $2,928,400 | 5,693 | 11,619 | 77 |
| IA-688021 | 183.6 | Feb 4, 2025 | $2,942,000 | 16,024 | 12,821 | 71 |
| IA-727788 | 155.1 | Jun 30, 2025 | $925,700 | 5,969 | 8,843 | 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.