Comparable sales & offer analysis
Parcel IA-321413
Franklin County, IA · 1.53 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$38,800
Adjusted value
$32,270
Value range
$25,342–$39,197
Comp $/acre
$21,091/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.2% versus the adjusted value.
Offer position
Max allowable offer
$18,440
Offer $/acre
$12,052/ac
Projected profit
$9,681
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-471320 | 1.4 | Apr 10, 2025 | $22,500 | 15,700 | 16,572 | 82 |
| IA-720766 | 1.0 | Feb 21, 2025 | $11,500 | 11,961 | 18,129 | 72 |
| IA-460795 | 1.0 | Feb 24, 2025 | $12,400 | 12,689 | 22,361 | 67 |
| IA-980556 | 0.8 | Mar 27, 2025 | $9,600 | 11,652 | 25,840 | 67 |
| IA-213050 | 5.0 | Dec 22, 2025 | $50,800 | 10,140 | 15,279 | 64 |
| IA-770219 | 0.6 | Jul 4, 2025 | $13,300 | 20,762 | 22,267 | 63 |
| IA-420271 | 0.7 | May 2, 2024 | $20,900 | 31,174 | 28,704 | 63 |
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.