Comparable sales & offer analysis
Parcel IA-791896
Johnson County, IA · 2.17 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$37,900
Adjusted value
$41,968
Value range
$33,613–$50,322
Comp $/acre
$19,340/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.7% versus the adjusted value.
Offer position
Max allowable offer
$23,981
Offer $/acre
$11,051/ac
Projected profit
$12,590
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-303276 | 5.9 | Dec 10, 2025 | $102,600 | 17,394 | 18,631 | 70 |
| IA-772626 | 3.7 | Dec 12, 2024 | $32,800 | 8,888 | 13,930 | 69 |
| IA-472618 | 3.7 | Aug 20, 2024 | $57,800 | 15,797 | 17,455 | 69 |
| IA-570488 | 0.8 | Jun 23, 2025 | $8,800 | 11,294 | 19,584 | 63 |
| IA-663247 | 5.8 | Apr 25, 2024 | $64,200 | 11,113 | 26,759 | 60 |
| IA-340179 | 0.6 | Dec 19, 2024 | $8,800 | 13,924 | 20,906 | 58 |
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.