Comparable sales & offer analysis
Parcel IA-977515
Franklin County, IA · 127 ac · Residential · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,482,300
Adjusted value
$1,134,021
Value range
$899,747–$1,368,294
Comp $/acre
$8,911/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +30.7% versus the adjusted value.
Offer position
Max allowable offer
$648,012
Offer $/acre
$5,092/ac
Projected profit
$340,206
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-217204 | 101.6 | Mar 23, 2025 | $1,593,100 | 15,682 | 9,038 | 77 |
| IA-397523 | 128.0 | Sep 20, 2024 | $911,200 | 7,119 | 7,515 | 75 |
| IA-466657 | 68.3 | Jul 27, 2026 | $953,000 | 13,943 | 11,737 | 74 |
| IA-688021 | 183.6 | Feb 4, 2025 | $2,942,000 | 16,024 | 10,838 | 70 |
| IA-727788 | 155.1 | Jun 30, 2025 | $925,700 | 5,969 | 7,474 | 70 |
| IA-735951 | 41.0 | Jun 14, 2025 | $277,100 | 6,763 | 6,711 | 67 |
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.