Comparable sales & offer analysis
Parcel IA-359402
Franklin County, IA · 499 ac · Recreational · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$4,086,000
Adjusted value
$5,517,234
Value range
$4,437,262–$6,597,206
Comp $/acre
$11,050/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.9% versus the adjusted value.
Offer position
Max allowable offer
$3,152,705
Offer $/acre
$6,314/ac
Projected profit
$1,655,170
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 | 8,244 | 79 |
| IA-899443 | 514.3 | Feb 10, 2026 | $2,928,400 | 5,693 | 11,556 | 78 |
| IA-649257 | 449.5 | Sep 28, 2025 | $3,667,500 | 8,159 | 13,723 | 78 |
| IA-688021 | 183.6 | Feb 4, 2025 | $2,942,000 | 16,024 | 12,755 | 71 |
| IA-727788 | 155.1 | Jun 30, 2025 | $925,700 | 5,969 | 8,796 | 65 |
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.