← New search
Benton County, IA · Sold

IA-129506

927 County Road 166

$1,700,500
$3,159/ac · 538 ac
Acreage538 ac
Price per acre$3,159/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedApr 20, 2024
Coordinates42.0733, -92.1137
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
14
Low risk
Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,806 ft of deeded road frontage.

Power10,386 ft away

A long utility run — price in solar/off-grid instead.

Buildable area489.45 of 538.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,345,670
$1,913,976$2,777,364 · $4,357/ac on 538 ac
Asking vs estimate
-27.5%
Priced below the comp set

Weighted from 7 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 $1,700,500
Maximum allowable offer
$1,340,383
$2,490/ac · +30.0% target margin

You need $360,117 off asking to hit this margin.

All-in cost$1,454,316
Net resale$2,158,016
Projected profit$703,701
ROI+48.4%
Annualized+69.2%
Break-even resale$2,936/ac
Profit if resale lands off target
-20%
$272,097
-10%
$487,899
0%
$703,701
+10%
$919,502
+20%
$1,135,304
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-329680
Gravel · Full utilities
610.7Mar 1, 2025$5,320,7008,7135,7572.0 mi
80
IA-469957
Landlocked · Power at road
746.4Apr 2, 2025$2,643,3003,5424,4495.9 mi
70
IA-849796
Gravel · Power at road
664.2Nov 18, 2024$2,949,0004,4403,7137.3 mi
69
IA-507359
Dirt · Off grid
113.7Sep 2, 2025$759,9006,6864,4780.2 mi
67
IA-418592
Gravel · Full utilities
277.7Dec 16, 2024$1,805,8006,5043,4265.8 mi
64
IA-617267
Dirt · Full utilities
106.3Sep 3, 2025$1,122,40010,5564,8435.5 mi
61
IA-597381
Dirt · Off grid
115.5Apr 27, 2025$590,0005,1093,4848.7 mi
59
Show adjustment detail for the top comp
  • Tract size (610.68 ac → 538.36 ac)+3.9%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (18 mo)+6.1%

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.