Butler County, IA · Sold

IA-942739

4836 County Road 192

$92,000

$23,000/ac · 4.00 ac

Offer report Market this tract

Acreage4.00 ac

Price per acre$23,000/ac

ZoningUnzoned

Road accessDirt

UtilitiesFull utilities

TopographyRolling

ListedApr 10, 2026

Coordinates42.7563, -92.7630

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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

Wetlands7.1% of tract

Little to no mapped wetland coverage.

Average slope8.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

296 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area3.53 of 4.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$81,088

$67,051 – $95,126 · $20,272/ac on 4.00 ac

Asking vs estimate

+13.5%

Priced above the comp set

Weighted from 10 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 $92,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$46,336

$11,584/ac · +30.0% target margin

You need $45,664 off asking to hit this margin.

All-in cost$50,275

Net resale$74,601

Projected profit$24,327

ROI+48.4%

Annualized+69.3%

Break-even resale$13,662/ac

Profit if resale lands off target

-20%

$9,406

-10%

$16,867

$24,327

+10%

$31,787

+20%

$39,247

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-272411 Paved · Power at road	3.1	Jul 27, 2026	$89,200	28,314	25,027	4.7 mi	82
IA-591199 Dirt · Full utilities	1.3	Jul 27, 2026	$27,100	20,683	20,189	3.1 mi	81
IA-382193 Dirt · Full utilities	2.7	Aug 5, 2025	$56,200	20,907	21,537	3.0 mi	77
IA-641698 Landlocked · Off grid	1.9	May 3, 2026	$18,200	9,692	17,441	1.8 mi	74
IA-253726 Paved · Full utilities	8.2	Nov 10, 2025	$202,100	24,704	19,284	1.0 mi	73
IA-222449 Gravel · Power at road	3.2	Nov 2, 2023	$40,500	12,494	14,538	2.3 mi	70
IA-501489 Gravel · Power at road	1.6	May 16, 2025	$39,500	24,393	26,318	2.7 mi	65
IA-704040 Landlocked · Power at road	10.3	Jul 8, 2025	$107,800	10,500	17,896	8.6 mi	61
IA-574047 Landlocked · Full utilities	10.3	May 11, 2024	$120,600	11,684	17,089	5.9 mi	60
IA-341036 Gravel · Power at road	1.2	Sep 3, 2024	$23,900	20,629	22,771	3.7 mi	58

Show adjustment detail for the top comp

Tract size (3.15 ac → 4 ac)-0.8%
Access (Paved → Dirt)-27.1%
Utilities (Power at road → Full utilities)+22.0%

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.

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