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Benton County, IA · Sold

IA-329680

7426 County Road 167

$5,096,500
$8,346/ac · 611 ac
Acreage611 ac
Price per acre$8,346/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedDec 24, 2024
Coordinates42.0499, -92.0915
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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
25
Low risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope29.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,734 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area362.38 of 610.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,695,992
$3,191,583$4,200,401 · $6,052/ac on 611 ac
Asking vs estimate
+37.9%
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 $5,096,500
Maximum allowable offer
$2,111,995
$3,458/ac · +30.0% target margin

You need $2,984,505 off asking to hit this margin.

All-in cost$2,291,515
Net resale$3,400,312
Projected profit$1,108,798
ROI+48.4%
Annualized+69.2%
Break-even resale$4,079/ac
Profit if resale lands off target
-20%
$428,735
-10%
$768,766
0%
$1,108,798
+10%
$1,448,829
+20%
$1,788,860
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-129506
Dirt · Off grid
538.4Sep 16, 2024$1,564,5002,9065,0432.0 mi
78
IA-849796
Gravel · Power at road
664.2Nov 18, 2024$2,949,0004,4405,9649.0 mi
74
IA-469957
Landlocked · Power at road
746.4Apr 2, 2025$2,643,3003,5427,1467.3 mi
71
IA-418592
Gravel · Full utilities
277.7Dec 16, 2024$1,805,8006,5045,5036.6 mi
66
IA-507359
Dirt · Off grid
113.7Sep 2, 2025$759,9006,6867,1921.9 mi
60
IA-597381
Dirt · Off grid
115.5Apr 27, 2025$590,0005,1095,5969.5 mi
54
Show adjustment detail for the top comp
  • Tract size (538.36 ac → 610.68 ac)-3.8%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (23 mo)+8.0%

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.