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Benton County, IA · Sold

IA-671980

8497 County Road 241

$31,100
$13,463/ac · 2.31 ac
Acreage2.31 ac
Price per acre$13,463/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedMar 22, 2025
Coordinates42.1820, -92.0069
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

3 items to verify before you offer.

Risk index
20
Low risk
Wetlands15.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

264 ft of deeded road frontage.

Power242 ft away

Power at or near the road.

Buildable area1.85 of 2.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$24,647
$19,923$29,371 · $10,670/ac on 2.31 ac
Asking vs estimate
+26.2%
Priced above the comp set

Weighted from 6 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 $31,100
Maximum allowable offer
$14,084
$6,097/ac · +30.0% target margin

You need $17,016 off asking to hit this margin.

All-in cost$15,281
Net resale$22,675
Projected profit$7,394
ROI+48.4%
Annualized+69.2%
Break-even resale$7,190/ac
Profit if resale lands off target
-20%
$2,859
-10%
$5,126
0%
$7,394
+10%
$9,661
+20%
$11,929
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-632104
Dirt · Power at road
2.5Jan 17, 2026$21,5008,5028,7278.8 mi
82
IA-291988
Dirt · Power at road
2.3Jun 28, 2025$21,2009,1269,5616.3 mi
81
IA-581676
Dirt · Power at road
1.9Dec 27, 2024$14,3007,7098,2000.3 mi
80
IA-241569
Dirt · Off grid
1.7Apr 13, 2025$18,60010,88813,4504.3 mi
74
IA-973619
Landlocked · Power at road
7.6May 11, 2026$71,9009,50212,7523.6 mi
70
IA-950425
Landlocked · Off grid
0.8Mar 12, 2026$6,1008,09012,0609.8 mi
68
Show adjustment detail for the top comp
  • Market time (7 mo)+2.4%

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.