Comparable sales & offer analysis
Parcel IA-497407
Johnson County, IA · 118 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,478,800
Adjusted value
$1,109,569
Value range
$927,266–$1,291,872
Comp $/acre
$9,429/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +33.3% versus the adjusted value.
Offer position
Max allowable offer
$634,039
Offer $/acre
$5,388/ac
Projected profit
$332,871
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 | 11,061 | 79 |
| IA-587778 | 154.0 | Dec 10, 2025 | $626,000 | 4,066 | 6,598 | 77 |
| IA-217709 | 146.5 | Mar 27, 2025 | $1,413,700 | 9,653 | 9,192 | 75 |
| IA-197711 | 146.7 | Dec 28, 2024 | $1,991,200 | 13,576 | 11,066 | 74 |
| IA-989077 | 394.6 | Feb 9, 2026 | $3,590,900 | 9,101 | 10,560 | 69 |
| IA-238291 | 223.3 | Apr 23, 2025 | $2,269,000 | 10,163 | 10,324 | 66 |
| IA-935839 | 37.8 | Nov 19, 2025 | $342,300 | 9,058 | 8,465 | 65 |
| IA-358480 | 256.0 | Jun 12, 2024 | $1,535,300 | 5,997 | 7,993 | 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.