Comparable sales & offer analysis
Parcel IA-303276
Johnson County, IA · 5.90 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$104,400
Adjusted value
$118,741
Value range
$91,044–$146,439
Comp $/acre
$20,126/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.1% versus the adjusted value.
Offer position
Max allowable offer
$67,852
Offer $/acre
$11,500/ac
Projected profit
$35,622
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-983704 | 8.1 | Jul 27, 2026 | $165,500 | 20,562 | 17,891 | 83 |
| IA-772626 | 3.7 | Dec 12, 2024 | $32,800 | 8,888 | 13,450 | 74 |
| IA-663247 | 5.8 | Apr 25, 2024 | $64,200 | 11,113 | 25,836 | 71 |
| IA-472618 | 3.7 | Aug 20, 2024 | $57,800 | 15,797 | 16,853 | 70 |
| IA-791896 | 2.2 | Sep 6, 2024 | $37,100 | 17,099 | 17,947 | 64 |
| IA-454419 | 13.5 | Aug 1, 2024 | $232,900 | 17,242 | 24,412 | 61 |
| IA-764347 | 12.8 | Oct 22, 2024 | $177,800 | 13,870 | 26,495 | 60 |
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.