Comparable sales & offer analysis
Parcel IA-649257
Franklin County, IA · 450 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,792,700
Adjusted value
$2,766,998
Value range
$2,260,371–$3,273,626
Comp $/acre
$6,156/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +37.1% versus the adjusted value.
Offer position
Max allowable offer
$1,581,142
Offer $/acre
$3,518/ac
Projected profit
$830,099
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-899443 | 514.3 | Feb 10, 2026 | $2,928,400 | 5,693 | 7,164 | 80 |
| IA-119639 | 592.8 | Mar 19, 2026 | $2,693,000 | 4,543 | 5,111 | 76 |
| IA-359402 | 499.3 | Aug 16, 2024 | $3,889,900 | 7,791 | 5,234 | 72 |
| IA-727788 | 155.1 | Jun 30, 2025 | $925,700 | 5,969 | 5,452 | 65 |
| IA-688021 | 183.6 | Feb 4, 2025 | $2,942,000 | 16,024 | 7,905 | 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.