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Benton County, IA · Sold

IA-597381

2784 County Road 121

$649,100
$5,621/ac · 115 ac
Acreage115 ac
Price per acre$5,621/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedMar 28, 2025
Coordinates42.1743, -92.0130
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
13
Low risk
Wetlands5.5% of tract

Little to no mapped wetland coverage.

Average slope4.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,215 ft of deeded road frontage.

Power14,558 ft away

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

Buildable area103.67 of 115.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$750,159
$594,817$905,502 · $6,496/ac on 115 ac
Asking vs estimate
-13.5%
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 $649,100
Maximum allowable offer
$428,663
$3,712/ac · +30.0% target margin

You need $220,437 off asking to hit this margin.

All-in cost$465,099
Net resale$690,147
Projected profit$225,047
ROI+48.4%
Annualized+69.2%
Break-even resale$4,378/ac
Profit if resale lands off target
-20%
$87,018
-10%
$156,033
0%
$225,047
+10%
$294,062
+20%
$363,077
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-507359
Dirt · Off grid
113.7Sep 2, 2025$759,9006,6866,9258.8 mi
81
IA-617267
Dirt · Full utilities
106.3Sep 3, 2025$1,122,40010,5567,4903.7 mi
81
IA-226933
Landlocked · Power at road
83.5Apr 16, 2024$412,6004,9425,3876.2 mi
66
IA-418592
Gravel · Full utilities
277.7Dec 16, 2024$1,805,8006,5045,2982.9 mi
63
IA-129506
Dirt · Off grid
538.4Sep 16, 2024$1,564,5002,9064,8568.7 mi
57
IA-329680
Gravel · Full utilities
610.7Mar 1, 2025$5,320,7008,7138,9049.5 mi
53
Show adjustment detail for the top comp
  • 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.