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Butler County, IA · Sold

IA-559273

9430 County Road 98

$3,458,100
$7,605/ac · 455 ac
Acreage455 ac
Price per acre$7,605/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedNov 11, 2023
Coordinates42.7133, -92.8761
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

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands1.8% of tract

Little to no mapped wetland coverage.

Average slope11.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,422 ft of deeded road frontage.

Power106 ft away

Power at or near the road.

Buildable area424.23 of 454.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,316,987
$2,663,068$3,970,905 · $7,294/ac on 455 ac
Asking vs estimate
+4.3%
In line with 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 $3,458,100
Maximum allowable offer
$1,895,421
$4,168/ac · +30.0% target margin

You need $1,562,679 off asking to hit this margin.

All-in cost$2,056,532
Net resale$3,051,628
Projected profit$995,096
ROI+48.4%
Annualized+69.2%
Break-even resale$4,916/ac
Profit if resale lands off target
-20%
$384,771
-10%
$689,933
0%
$995,096
+10%
$1,300,259
+20%
$1,605,422
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-789237
Dirt · Off grid
443.0Jun 14, 2026$3,096,3006,9898,2165.2 mi
87
IA-849390
Paved · Full utilities
495.0Mar 21, 2026$5,912,00011,9447,4445.6 mi
85
IA-539553
Landlocked · Full utilities
557.0Jul 27, 2026$2,770,3004,9745,4946.8 mi
82
IA-509794
Gravel · Off grid
663.3Nov 27, 2024$3,240,7004,8865,94310.0 mi
65
IA-238460
Landlocked · Full utilities
252.3Aug 7, 2024$2,560,20010,1469,5999.7 mi
62
Show adjustment detail for the top comp
  • Tract size (443.04 ac → 454.74 ac)-0.8%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (2 mo)+0.7%

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.