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Benton County, IA · Sold

IA-226933

3574 County Road 234

$388,100
$4,649/ac · 83.48 ac
Acreage83.48 ac
Price per acre$4,649/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedNov 16, 2023
Coordinates42.0916, -92.0584
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Benton County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

View Benton market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
28
Low risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power214 ft away

Power at or near the road.

Buildable area75.42 of 83.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$517,929
$410,581$625,278 · $6,204/ac on 83.48 ac
Asking vs estimate
-25.1%
Priced below the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $388,100
Maximum allowable offer
$295,960
$3,545/ac · +30.0% target margin

You need $92,140 off asking to hit this margin.

All-in cost$321,117
Net resale$476,495
Projected profit$155,378
ROI+48.4%
Annualized+69.2%
Break-even resale$4,181/ac
Profit if resale lands off target
-20%
$60,079
-10%
$107,729
0%
$155,378
+10%
$203,028
+20%
$250,677
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-507359
Dirt · Off grid
113.7Sep 2, 2025$759,9006,6866,9753.2 mi
79
IA-617267
Dirt · Full utilities
106.3Sep 3, 2025$1,122,40010,5567,5453.9 mi
75
IA-597381
Dirt · Off grid
115.5Apr 27, 2025$590,0005,1095,4286.2 mi
70
IA-884327
Dirt · Power at road
12.6Sep 10, 2025$101,3008,0124,8123.7 mi
60
IA-418592
Gravel · Full utilities
277.7Dec 16, 2024$1,805,8006,5045,3373.4 mi
59
IA-469957
Landlocked · Power at road
746.4Apr 2, 2025$2,643,3003,5426,9304.7 mi
58
IA-434086
Gravel · Full utilities
10.6Dec 23, 2025$127,60012,0284,9566.1 mi
57
IA-329680
Gravel · Full utilities
610.7Mar 1, 2025$5,320,7008,7138,9683.3 mi
55
IA-129506
Dirt · Off grid
538.4Sep 16, 2024$1,564,5002,9064,8913.1 mi
54
IA-849796
Gravel · Power at road
664.2Nov 18, 2024$2,949,0004,4405,7846.6 mi
53
Show adjustment detail for the top comp
  • Tract size (113.66 ac → 83.48 ac)+7.8%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (11 mo)+4.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.