Comparable sales & offer analysis
Parcel IA-688021
Franklin County, IA · 184 ac · Recreational · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$3,096,800
Adjusted value
$2,634,794
Value range
$2,115,507–$3,154,082
Comp $/acre
$14,351/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +17.5% versus the adjusted value.
Offer position
Max allowable offer
$1,505,597
Offer $/acre
$8,200/ac
Projected profit
$790,438
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 | 16,494 | 81 |
| IA-727788 | 155.1 | Jun 30, 2025 | $925,700 | 5,969 | 11,760 | 79 |
| IA-466657 | 68.3 | Jul 27, 2026 | $953,000 | 13,943 | 18,466 | 73 |
| IA-217204 | 101.6 | Mar 23, 2025 | $1,593,100 | 15,682 | 14,220 | 70 |
| IA-359402 | 499.3 | Aug 16, 2024 | $3,889,900 | 7,791 | 11,291 | 69 |
| IA-649257 | 449.5 | Sep 28, 2025 | $3,667,500 | 8,159 | 18,347 | 68 |
| IA-397523 | 128.0 | Sep 20, 2024 | $911,200 | 7,119 | 11,824 | 67 |
| IA-119639 | 592.8 | Mar 19, 2026 | $2,693,000 | 4,543 | 11,022 | 66 |
| IA-899443 | 514.3 | Feb 10, 2026 | $2,928,400 | 5,693 | 15,450 | 66 |
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.