Comparable sales & offer analysis
Parcel IA-394368
Monona County, IA · 13.02 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$127,800
Adjusted value
$141,130
Value range
$124,357–$157,904
Comp $/acre
$10,839/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.4% versus the adjusted value.
Offer position
Max allowable offer
$80,646
Offer $/acre
$6,194/ac
Projected profit
$42,339
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-813633 | 7.6 | May 14, 2025 | $90,600 | 11,858 | 12,025 | 78 |
| IA-465383 | 27.2 | Apr 18, 2026 | $227,300 | 8,370 | 10,865 | 71 |
| IA-104884 | 18.9 | Dec 22, 2025 | $138,500 | 7,321 | 9,162 | 71 |
| IA-933555 | 7.2 | May 23, 2025 | $61,600 | 8,529 | 12,660 | 68 |
| IA-383631 | 7.6 | Dec 11, 2023 | $67,400 | 8,837 | 9,358 | 62 |
| IA-932728 | 4.0 | Apr 4, 2024 | $28,200 | 7,110 | 10,713 | 55 |
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.