Butler County, IA · Sold

IA-576203

1033 County Road 193

$838,800

$17,052/ac · 49.19 ac

Offer report Market this tract

Acreage49.19 ac

Price per acre$17,052/ac

ZoningMixed Use

Road accessDirt

UtilitiesFull utilities

TopographyWooded

ListedJul 7, 2026

Coordinates42.7992, -92.8078

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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

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

Low risk

Wetlands6.1% of tract

Little to no mapped wetland coverage.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,614 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area43.88 of 49.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$783,484

$564,109 – $1,002,860 · $15,928/ac on 49.19 ac

Asking vs estimate

+7.1%

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 $838,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$447,705

$9,102/ac · +30.0% target margin

You need $391,095 off asking to hit this margin.

All-in cost$485,760

Net resale$720,806

Projected profit$235,046

ROI+48.4%

Annualized+69.2%

Break-even resale$10,734/ac

Profit if resale lands off target

-20%

$90,884

-10%

$162,965

$235,046

+10%

$307,126

+20%

$379,207

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-646543 Dirt · Power at road	62.9	May 1, 2025	$535,400	8,507	11,517	3.1 mi	76
IA-516761 Dirt · Off grid	73.7	Feb 14, 2025	$1,095,200	14,861	24,717	1.4 mi	74
IA-224727 Gravel · Full utilities	16.9	Jul 27, 2026	$406,300	24,055	17,532	7.0 mi	72
IA-314719 Gravel · Power at road	16.8	Jul 4, 2026	$259,100	15,430	13,746	3.8 mi	70
IA-894619 Gravel · Power at road	15.6	Dec 10, 2025	$185,000	11,843	10,713	6.4 mi	63
IA-754918 Gravel · Off grid	19.4	Mar 20, 2025	$239,600	12,357	13,889	5.8 mi	61
IA-397510 Paved · Power at road	126.8	Aug 9, 2024	$2,007,300	15,830	18,999	5.7 mi	59

Show adjustment detail for the top comp

Tract size (62.93 ac → 49.19 ac)+5.3%
Utilities (Power at road → Full utilities)+22.0%
Market time (15 mo)+5.4%

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.

Build the listing kit Post a deal or JV