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Butler County, IA · Sold

IA-539553

9321 County Road 301

$2,798,300
$5,024/ac · 557 ac
Acreage557 ac
Price per acre$5,024/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedApr 9, 2026
Coordinates42.7912, -92.7945
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

Butler County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

View Butler market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands12.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area465.12 of 557.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,960,489
$3,379,089$4,541,888 · $7,110/ac on 557 ac
Asking vs estimate
-29.3%
Priced below the comp set

Weighted from 5 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 $2,798,300
Maximum allowable offer
$2,263,136
$4,063/ac · +30.0% target margin

You need $535,164 off asking to hit this margin.

All-in cost$2,455,503
Net resale$3,643,650
Projected profit$1,188,147
ROI+48.4%
Annualized+69.2%
Break-even resale$4,792/ac
Profit if resale lands off target
-20%
$459,417
-10%
$823,782
0%
$1,188,147
+10%
$1,552,512
+20%
$1,916,877
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-849390
Paved · Full utilities
495.0Mar 21, 2026$5,912,00011,9446,7542.1 mi
84
IA-789237
Dirt · Off grid
443.0Jun 14, 2026$3,096,3006,9897,4552.0 mi
83
IA-509794
Gravel · Off grid
663.3Nov 27, 2024$3,240,7004,8865,3924.1 mi
72
IA-559273
Dirt · Power at road
454.7Oct 4, 2024$3,430,4007,5447,3816.8 mi
70
IA-238460
Landlocked · Full utilities
252.3Aug 7, 2024$2,560,20010,1468,7094.6 mi
67
Show adjustment detail for the top comp
  • Tract size (494.97 ac → 557 ac)-3.5%
  • Access (Paved → Landlocked)-42.4%
  • Market time (5 mo)+1.7%

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.