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Butler County, IA · Sold

IA-224727

7916 County Road 1

$459,600
$27,211/ac · 16.89 ac
Acreage16.89 ac
Price per acre$27,211/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedJan 3, 2026
Coordinates42.7314, -92.7040
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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands3.9% of tract

Little to no mapped wetland coverage.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,049 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area15.42 of 16.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$316,440
$280,663$352,217 · $18,735/ac on 16.89 ac
Asking vs estimate
+45.2%
Priced above the comp set

Weighted from 7 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 $459,600
Maximum allowable offer
$180,823
$10,706/ac · +30.0% target margin

You need $278,777 off asking to hit this margin.

All-in cost$196,193
Net resale$291,125
Projected profit$94,932
ROI+48.4%
Annualized+69.2%
Break-even resale$12,626/ac
Profit if resale lands off target
-20%
$36,707
-10%
$65,820
0%
$94,932
+10%
$124,045
+20%
$153,157
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-314719
Gravel · Power at road
16.8Jul 4, 2026$259,10015,43018,90210.4 mi
85
IA-894619
Gravel · Power at road
15.6Dec 10, 2025$185,00011,84314,7313.5 mi
83
IA-754918
Gravel · Off grid
19.4Mar 20, 2025$239,60012,35719,0988.9 mi
74
IA-576203
Dirt · Full utilities
49.2Jul 27, 2026$787,60016,01222,0667.0 mi
72
IA-253726
Paved · Full utilities
8.2Nov 10, 2025$202,10024,70420,2313.6 mi
71
IA-574047
Landlocked · Full utilities
10.3May 11, 2024$120,60011,68417,9295.9 mi
70
IA-704040
Landlocked · Power at road
10.3Jul 8, 2025$107,80010,50018,77510.2 mi
67
Show adjustment detail for the top comp
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (1 mo)+0.5%

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.