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Benton County, IA · Sold

IA-507359

6845 County Road 390

$811,900
$7,143/ac · 114 ac
Acreage114 ac
Price per acre$7,143/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedJun 25, 2024
Coordinates42.0715, -92.1152
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
17
Low risk
Wetlands15.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,309 ft of deeded road frontage.

Power670 ft away

Power at or near the road.

Buildable area91.24 of 113.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$706,391
$545,961$866,822 · $6,215/ac on 114 ac
Asking vs estimate
+14.9%
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 $811,900
Maximum allowable offer
$403,652
$3,551/ac · +30.0% target margin

You need $408,248 off asking to hit this margin.

All-in cost$437,962
Net resale$649,880
Projected profit$211,918
ROI+48.4%
Annualized+69.2%
Break-even resale$4,188/ac
Profit if resale lands off target
-20%
$81,942
-10%
$146,930
0%
$211,918
+10%
$276,906
+20%
$341,894
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-617267
Dirt · Full utilities
106.3Sep 3, 2025$1,122,40010,5567,5215.6 mi
80
IA-597381
Dirt · Off grid
115.5Apr 27, 2025$590,0005,1095,4118.8 mi
79
IA-226933
Landlocked · Power at road
83.5Apr 16, 2024$412,6004,9425,4093.2 mi
73
IA-129506
Dirt · Off grid
538.4Sep 16, 2024$1,564,5002,9064,8750.2 mi
63
IA-418592
Gravel · Full utilities
277.7Dec 16, 2024$1,805,8006,5045,3206.0 mi
61
IA-329680
Gravel · Full utilities
610.7Mar 1, 2025$5,320,7008,7138,9401.9 mi
58
Show adjustment detail for the top comp
  • Tract size (106.33 ac → 113.66 ac)-1.7%
  • Utilities (Full utilities → Off grid)-30.3%
  • 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.