Comparable sales & offer analysis
Parcel IA-935839
Johnson County, IA · 37.79 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$366,900
Adjusted value
$452,170
Value range
$415,997–$488,344
Comp $/acre
$11,965/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.9% versus the adjusted value.
Offer position
Max allowable offer
$258,383
Offer $/acre
$6,837/ac
Projected profit
$135,651
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-255046 | 21.3 | Apr 11, 2026 | $322,800 | 15,168 | 11,963 | 75 |
| IA-325506 | 29.7 | Jul 1, 2024 | $249,500 | 8,404 | 11,115 | 74 |
| IA-764347 | 12.8 | Oct 22, 2024 | $177,800 | 13,870 | 12,886 | 63 |
| IA-497407 | 117.7 | Apr 13, 2025 | $1,224,400 | 10,405 | 12,127 | 61 |
| IA-454419 | 13.5 | Aug 1, 2024 | $232,900 | 17,242 | 11,874 | 55 |
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.