Comparable sales & offer analysis
Parcel IA-602306
Tama County, IA · 2.92 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$22,900
Adjusted value
$21,786
Value range
$19,872–$23,700
Comp $/acre
$7,461/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.1% versus the adjusted value.
Offer position
Max allowable offer
$12,449
Offer $/acre
$4,263/ac
Projected profit
$6,536
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-412662 | 3.8 | Jul 27, 2026 | $33,500 | 8,871 | 7,128 | 87 |
| IA-802983 | 4.8 | Jul 27, 2026 | $71,500 | 14,993 | 8,471 | 79 |
| IA-753506 | 7.0 | Jul 27, 2026 | $80,400 | 11,531 | 8,403 | 78 |
| IA-482581 | 3.6 | Jul 27, 2026 | $38,800 | 10,862 | 7,403 | 77 |
| IA-171937 | 2.2 | Jan 23, 2026 | $20,900 | 9,340 | 6,652 | 74 |
| IA-301721 | 1.9 | May 2, 2025 | $26,400 | 13,838 | 7,112 | 72 |
| IA-191884 | 2.1 | Aug 5, 2025 | $23,300 | 10,850 | 7,591 | 72 |
| IA-133372 | 6.3 | Jun 4, 2026 | $53,900 | 8,522 | 7,580 | 70 |
| IA-892365 | 3.0 | Jul 19, 2024 | $26,200 | 8,589 | 6,316 | 70 |
| IA-343680 | 7.9 | Feb 25, 2026 | $57,900 | 7,318 | 7,850 | 69 |
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.