Comparable sales & offer analysis
Parcel IA-507656
Monona County, IA · 141 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$863,500
Adjusted value
$674,160
Value range
$516,058–$832,262
Comp $/acre
$4,783/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +28.1% versus the adjusted value.
Offer position
Max allowable offer
$385,234
Offer $/acre
$2,733/ac
Projected profit
$202,248
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-977601 | 135.4 | Apr 5, 2026 | $991,000 | 7,317 | 4,249 | 81 |
| IA-465383 | 27.2 | Apr 18, 2026 | $227,300 | 8,370 | 4,725 | 63 |
| IA-939444 | 514.7 | Jul 30, 2025 | $4,345,900 | 8,443 | 7,036 | 60 |
| IA-104884 | 18.9 | Dec 22, 2025 | $138,500 | 7,321 | 3,985 | 59 |
| IA-394368 | 13.0 | Oct 1, 2024 | $110,300 | 8,471 | 3,996 | 51 |
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.