Comparable sales & offer analysis
Parcel IA-727788
Franklin County, IA · 155 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$870,800
Adjusted value
$1,285,880
Value range
$1,075,606–$1,496,154
Comp $/acre
$8,292/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -32.3% versus the adjusted value.
Offer position
Max allowable offer
$734,789
Offer $/acre
$4,738/ac
Projected profit
$385,764
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 | 8,817 | 77 |
| IA-688021 | 183.6 | Feb 4, 2025 | $2,942,000 | 16,024 | 9,113 | 77 |
| IA-466657 | 68.3 | Jul 27, 2026 | $953,000 | 13,943 | 9,871 | 74 |
| IA-397523 | 128.0 | Sep 20, 2024 | $911,200 | 7,119 | 6,318 | 69 |
| IA-649257 | 449.5 | Sep 28, 2025 | $3,667,500 | 8,159 | 9,806 | 66 |
| IA-899443 | 514.3 | Feb 10, 2026 | $2,928,400 | 5,693 | 8,258 | 66 |
| IA-217204 | 101.6 | Mar 23, 2025 | $1,593,100 | 15,682 | 7,599 | 65 |
| IA-359402 | 499.3 | Aug 16, 2024 | $3,889,900 | 7,791 | 6,033 | 61 |
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.