Comparable sales & offer analysis
Parcel IA-587778
Johnson County, IA · 154 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$709,700
Adjusted value
$961,838
Value range
$851,889–$1,071,787
Comp $/acre
$6,247/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.2% versus the adjusted value.
Offer position
Max allowable offer
$549,622
Offer $/acre
$3,570/ac
Projected profit
$288,551
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-357660 | 141.3 | Jan 29, 2026 | $1,474,700 | 10,433 | 7,011 | 78 |
| IA-238291 | 223.3 | Apr 23, 2025 | $2,269,000 | 10,163 | 6,544 | 77 |
| IA-217709 | 146.5 | Mar 27, 2025 | $1,413,700 | 9,653 | 5,826 | 76 |
| IA-197711 | 146.7 | Dec 28, 2024 | $1,991,200 | 13,576 | 7,014 | 74 |
| IA-497407 | 117.7 | Apr 13, 2025 | $1,224,400 | 10,405 | 6,966 | 73 |
| IA-209259 | 450.2 | Jul 27, 2026 | $2,410,600 | 5,355 | 5,768 | 71 |
| IA-829328 | 473.2 | Feb 15, 2026 | $1,994,500 | 4,215 | 5,047 | 67 |
| IA-989077 | 394.6 | Feb 9, 2026 | $3,590,900 | 9,101 | 6,693 | 65 |
| IA-358480 | 256.0 | Jun 12, 2024 | $1,535,300 | 5,997 | 5,066 | 62 |
| IA-659228 | 440.2 | Mar 4, 2025 | $2,249,600 | 5,111 | 6,223 | 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.