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Benton County, IA · Sold

IA-434086

3176 County Road 308

$118,600
$11,178/ac · 10.61 ac
Acreage10.61 ac
Price per acre$11,178/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedAug 2, 2025
Coordinates42.0039, -92.0466
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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

2 items to verify before you offer.

Risk index
13
Low risk
Wetlands11.1% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

626 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area8.96 of 10.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$154,989
$124,584$185,394 · $14,608/ac on 10.61 ac
Asking vs estimate
-23.5%
Priced below 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 $118,600
Maximum allowable offer
$88,565
$8,347/ac · +30.0% target margin

You need $30,035 off asking to hit this margin.

All-in cost$96,093
Net resale$142,590
Projected profit$46,497
ROI+48.4%
Annualized+69.3%
Break-even resale$9,844/ac
Profit if resale lands off target
-20%
$17,979
-10%
$32,238
0%
$46,497
+10%
$60,756
+20%
$75,015
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-884327
Dirt · Power at road
12.6Sep 10, 2025$101,3008,01211,9958.3 mi
78
IA-973619
Landlocked · Power at road
7.6May 11, 2026$71,9009,50216,81311.4 mi
74
IA-843844
Gravel · Off grid
8.9Mar 18, 2024$89,10010,00215,5966.3 mi
71
IA-632104
Dirt · Power at road
2.5Jan 17, 2026$21,5008,50211,5074.8 mi
63
IA-291988
Dirt · Power at road
2.3Jun 28, 2025$21,2009,12612,6069.3 mi
55
IA-671980
Dirt · Power at road
2.3Apr 28, 2025$33,00014,27119,84412.5 mi
53
Show adjustment detail for the top comp
  • Tract size (12.64 ac → 10.61 ac)+1.6%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (11 mo)+3.9%

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.