Comparable sales & offer analysis
Parcel IA-472618
Johnson County, IA · 3.66 ac · Agricultural · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$64,600
Adjusted value
$68,570
Value range
$53,932–$83,209
Comp $/acre
$18,735/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.8% versus the adjusted value.
Offer position
Max allowable offer
$39,183
Offer $/acre
$10,706/ac
Projected profit
$20,571
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-772626 | 3.7 | Dec 12, 2024 | $32,800 | 8,888 | 13,730 | 79 |
| IA-303276 | 5.9 | Dec 10, 2025 | $102,600 | 17,394 | 18,363 | 76 |
| IA-983704 | 8.1 | Jul 27, 2026 | $165,500 | 20,562 | 18,264 | 71 |
| IA-791896 | 2.2 | Sep 6, 2024 | $37,100 | 17,099 | 18,321 | 69 |
| IA-663247 | 5.8 | Apr 25, 2024 | $64,200 | 11,113 | 26,374 | 64 |
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.