Comparable sales & offer analysis
Parcel IA-983704
Johnson County, IA · 8.05 ac · Unzoned · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$172,600
Adjusted value
$198,200
Value range
$154,244–$242,156
Comp $/acre
$24,621/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.9% versus the adjusted value.
Offer position
Max allowable offer
$113,257
Offer $/acre
$14,069/ac
Projected profit
$59,460
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-303276 | 5.9 | Dec 10, 2025 | $102,600 | 17,394 | 20,722 | 79 |
| IA-663247 | 5.8 | Apr 25, 2024 | $64,200 | 11,113 | 29,772 | 69 |
| IA-454419 | 13.5 | Aug 1, 2024 | $232,900 | 17,242 | 28,130 | 68 |
| IA-255046 | 21.3 | Apr 11, 2026 | $322,800 | 15,168 | 28,340 | 67 |
| IA-772626 | 3.7 | Dec 12, 2024 | $32,800 | 8,888 | 15,497 | 65 |
| IA-764347 | 12.8 | Oct 22, 2024 | $177,800 | 13,870 | 30,529 | 64 |
| IA-472618 | 3.7 | Aug 20, 2024 | $57,800 | 15,797 | 19,420 | 61 |
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.