Comparable sales & offer analysis
Parcel IA-720766
Franklin County, IA · 0.96 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$12,400
Adjusted value
$15,971
Value range
$13,388–$18,554
Comp $/acre
$16,636/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.4% versus the adjusted value.
Offer position
Max allowable offer
$9,126
Offer $/acre
$9,506/ac
Projected profit
$4,791
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-460795 | 1.0 | Feb 24, 2025 | $12,400 | 12,689 | 15,753 | 78 |
| IA-980556 | 0.8 | Mar 27, 2025 | $9,600 | 11,652 | 18,205 | 76 |
| IA-471320 | 1.4 | Apr 10, 2025 | $22,500 | 15,700 | 11,676 | 71 |
| IA-321413 | 1.5 | Nov 4, 2024 | $36,900 | 24,142 | 18,279 | 70 |
| IA-420271 | 0.7 | May 2, 2024 | $20,900 | 31,174 | 20,219 | 70 |
| IA-770219 | 0.6 | Jul 4, 2025 | $13,300 | 20,762 | 15,688 | 70 |
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.