Comparable sales & offer analysis
Parcel IA-977601
Monona County, IA · 135 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$921,000
Adjusted value
$1,234,029
Value range
$953,375–$1,514,683
Comp $/acre
$9,111/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.4% versus the adjusted value.
Offer position
Max allowable offer
$705,160
Offer $/acre
$5,206/ac
Projected profit
$370,209
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-507656 | 140.9 | May 28, 2025 | $816,000 | 5,790 | 10,640 | 75 |
| IA-465383 | 27.2 | Apr 18, 2026 | $227,300 | 8,370 | 8,261 | 62 |
| IA-104884 | 18.9 | Dec 22, 2025 | $138,500 | 7,321 | 6,966 | 59 |
| IA-939444 | 514.7 | Jul 30, 2025 | $4,345,900 | 8,443 | 12,300 | 58 |
| IA-394368 | 13.0 | Oct 1, 2024 | $110,300 | 8,471 | 6,986 | 56 |
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.