Comparable sales & offer analysis
Parcel IA-217709
Johnson County, IA · 146 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,535,000
Adjusted value
$1,560,208
Value range
$1,311,230–$1,809,186
Comp $/acre
$10,653/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.6% versus the adjusted value.
Offer position
Max allowable offer
$891,548
Offer $/acre
$6,087/ac
Projected profit
$468,062
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 | 12,292 | 85 |
| IA-587778 | 154.0 | Dec 10, 2025 | $626,000 | 4,066 | 7,332 | 80 |
| IA-197711 | 146.7 | Dec 28, 2024 | $1,991,200 | 13,576 | 12,298 | 78 |
| IA-497407 | 117.7 | Apr 13, 2025 | $1,224,400 | 10,405 | 12,215 | 75 |
| IA-238291 | 223.3 | Apr 23, 2025 | $2,269,000 | 10,163 | 11,474 | 70 |
| IA-209259 | 450.2 | Jul 27, 2026 | $2,410,600 | 5,355 | 10,114 | 69 |
| IA-989077 | 394.6 | Feb 9, 2026 | $3,590,900 | 9,101 | 11,736 | 67 |
| IA-829328 | 473.2 | Feb 15, 2026 | $1,994,500 | 4,215 | 8,848 | 65 |
| IA-358480 | 256.0 | Jun 12, 2024 | $1,535,300 | 5,997 | 8,883 | 63 |
| IA-659228 | 440.2 | Mar 4, 2025 | $2,249,600 | 5,111 | 10,911 | 61 |
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.