Comparable sales & offer analysis
Parcel IA-659228
Johnson County, IA · 440 ac · Mixed Use · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,723,500
Adjusted value
$2,257,273
Value range
$1,906,370–$2,608,176
Comp $/acre
$5,128/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.7% versus the adjusted value.
Offer position
Max allowable offer
$1,289,870
Offer $/acre
$2,930/ac
Projected profit
$677,182
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-209259 | 450.2 | Jul 27, 2026 | $2,410,600 | 5,355 | 5,026 | 94 |
| IA-829328 | 473.2 | Feb 15, 2026 | $1,994,500 | 4,215 | 4,397 | 91 |
| IA-989077 | 394.6 | Feb 9, 2026 | $3,590,900 | 9,101 | 5,832 | 84 |
| IA-357660 | 141.3 | Jan 29, 2026 | $1,474,700 | 10,433 | 6,109 | 69 |
| IA-358480 | 256.0 | Jun 12, 2024 | $1,535,300 | 5,997 | 4,414 | 68 |
| IA-587778 | 154.0 | Dec 10, 2025 | $626,000 | 4,066 | 3,644 | 66 |
| IA-238291 | 223.3 | Apr 23, 2025 | $2,269,000 | 10,163 | 5,702 | 64 |
| IA-197711 | 146.7 | Dec 28, 2024 | $1,991,200 | 13,576 | 6,112 | 63 |
| IA-217709 | 146.5 | Mar 27, 2025 | $1,413,700 | 9,653 | 5,077 | 62 |
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.