Butler County, IA · Sold

IA-646543

4476 County Road 283

$618,200

$9,824/ac · 62.93 ac

Offer report Market this tract

Acreage62.93 ac

Price per acre$9,824/ac

ZoningAgricultural

Road accessDirt

UtilitiesPower at road

TopographySloped

ListedFeb 12, 2025

Coordinates42.7538, -92.8044

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands3.8% of tract

Little to no mapped wetland coverage.

Average slope10.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power206 ft away

Power at or near the road.

Buildable area57.51 of 62.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$839,401

$633,261 – $1,045,541 · $13,339/ac on 62.93 ac

Asking vs estimate

-26.4%

Priced below the comp set

Weighted from 8 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 $618,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$479,658

$7,622/ac · +30.0% target margin

You need $138,542 off asking to hit this margin.

All-in cost$520,429

Net resale$772,249

Projected profit$251,820

ROI+48.4%

Annualized+69.2%

Break-even resale$8,989/ac

Profit if resale lands off target

-20%

$97,370

-10%

$174,595

$251,820

+10%

$329,045

+20%

$406,270

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-576203 Dirt · Full utilities	49.2	Jul 27, 2026	$787,600	16,012	12,497	3.1 mi	85
IA-516761 Dirt · Off grid	73.7	Feb 14, 2025	$1,095,200	14,861	19,249	2.1 mi	78
IA-314719 Gravel · Power at road	16.8	Jul 4, 2026	$259,100	15,430	10,705	5.3 mi	69
IA-224727 Gravel · Full utilities	16.9	Jul 27, 2026	$406,300	24,055	13,653	5.3 mi	68
IA-754918 Gravel · Off grid	19.4	Mar 20, 2025	$239,600	12,357	10,816	4.1 mi	65
IA-397510 Paved · Power at road	126.8	Aug 9, 2024	$2,007,300	15,830	14,796	6.0 mi	64
IA-894619 Gravel · Power at road	15.6	Dec 10, 2025	$185,000	11,843	8,343	6.3 mi	64
IA-238460 Landlocked · Full utilities	252.3	Aug 7, 2024	$2,560,200	10,146	16,285	5.2 mi	55

Show adjustment detail for the top comp

Tract size (49.19 ac → 62.93 ac)-5.0%
Utilities (Full utilities → Power at road)-18.0%

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.

Build the listing kit Post a deal or JV