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Butler County, IA · Sold

IA-641698

2310 County Road 393

$19,000
$10,106/ac · 1.88 ac
Acreage1.88 ac
Price per acre$10,106/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedJan 23, 2026
Coordinates42.7433, -92.7931
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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

4 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope12.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power7,894 ft away

A long utility run — price in solar/off-grid instead.

Buildable area1.46 of 1.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$22,567
$18,894$26,239 · $12,004/ac on 1.88 ac
Asking vs estimate
-15.8%
Priced below 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 $19,000
Maximum allowable offer
$12,895
$6,859/ac · +30.0% target margin

You need $6,105 off asking to hit this margin.

All-in cost$13,991
Net resale$20,761
Projected profit$6,770
ROI+48.4%
Annualized+69.3%
Break-even resale$8,089/ac
Profit if resale lands off target
-20%
$2,618
-10%
$4,694
0%
$6,770
+10%
$8,847
+20%
$10,923
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-591199
Dirt · Full utilities
1.3Jul 27, 2026$27,10020,68311,3544.8 mi
80
IA-272411
Paved · Power at road
3.1Jul 27, 2026$89,20028,31414,0755.2 mi
77
IA-942739
Dirt · Full utilities
4.0Jun 18, 2026$97,90024,47213,8541.8 mi
75
IA-501489
Gravel · Power at road
1.6May 16, 2025$39,50024,39314,8014.4 mi
75
IA-382193
Dirt · Full utilities
2.7Aug 5, 2025$56,20020,90712,1124.0 mi
72
IA-222449
Gravel · Power at road
3.2Nov 2, 2023$40,50012,4948,1761.1 mi
70
IA-920870
Gravel · Power at road
1.0Aug 9, 2025$16,90016,4279,8156.4 mi
67
IA-210843
Dirt · Power at road
1.0Mar 6, 2025$15,50015,34510,8423.7 mi
67
IA-341036
Gravel · Power at road
1.2Sep 3, 2024$23,90020,62912,8065.5 mi
65
IA-560090
Gravel · Power at road
0.6Mar 24, 2025$11,30019,16711,5747.5 mi
58
Show adjustment detail for the top comp
  • Tract size (1.31 ac → 1.88 ac)-0.6%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Full utilities → Off grid)-30.3%

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.