Comparable sales & offer analysis
Parcel IA-724888
Franklin County, IA · 18.98 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$232,500
Adjusted value
$193,782
Value range
$152,310–$235,254
Comp $/acre
$10,210/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.0% versus the adjusted value.
Offer position
Max allowable offer
$110,733
Offer $/acre
$5,834/ac
Projected profit
$58,135
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-794833 | 18.2 | Oct 31, 2025 | $201,700 | 11,062 | 7,775 | 84 |
| IA-735951 | 41.0 | Jun 14, 2025 | $277,100 | 6,763 | 8,033 | 68 |
| IA-543324 | 6.1 | Oct 17, 2025 | $69,900 | 11,440 | 12,701 | 66 |
| IA-933383 | 6.4 | Feb 8, 2026 | $67,500 | 10,572 | 9,186 | 65 |
| IA-364024 | 10.2 | Mar 1, 2025 | $194,500 | 19,161 | 11,054 | 65 |
| IA-823668 | 7.8 | Sep 9, 2024 | $88,800 | 11,324 | 13,332 | 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.