Butler County, IA · Sold

IA-272411

2435 County Road 374

$90,000

$28,571/ac · 3.15 ac

Offer report Market this tract

Acreage3.15 ac

Price per acre$28,571/ac

ZoningResidential

Road accessPaved

UtilitiesPower at road

TopographySloped

ListedJan 18, 2026

Coordinates42.7027, -92.7072

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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

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope23.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power74 ft away

Power at or near the road.

Buildable area1.80 of 3.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$72,731

$60,548 – $84,914 · $23,089/ac on 3.15 ac

Asking vs estimate

+23.7%

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 $90,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$41,561

$13,194/ac · +30.0% target margin

You need $48,439 off asking to hit this margin.

All-in cost$45,094

Net resale$66,912

Projected profit$21,819

ROI+48.4%

Annualized+69.2%

Break-even resale$15,560/ac

Profit if resale lands off target

-20%

$8,436

-10%

$15,127

$21,819

+10%

$28,510

+20%

$35,201

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-942739 Dirt · Full utilities	4.0	Jun 18, 2026	$97,900	24,472	27,932	4.7 mi	81
IA-641698 Landlocked · Off grid	1.9	May 3, 2026	$18,200	9,692	19,775	5.2 mi	75
IA-222449 Gravel · Power at road	3.2	Nov 2, 2023	$40,500	12,494	16,483	4.4 mi	74
IA-382193 Dirt · Full utilities	2.7	Aug 5, 2025	$56,200	20,907	24,419	7.4 mi	74
IA-591199 Dirt · Full utilities	1.3	Jul 27, 2026	$27,100	20,683	22,890	5.8 mi	72
IA-253726 Paved · Full utilities	8.2	Nov 10, 2025	$202,100	24,704	21,864	5.1 mi	68
IA-501489 Gravel · Power at road	1.6	May 16, 2025	$39,500	24,393	29,840	6.2 mi	67
IA-341036 Gravel · Power at road	1.2	Sep 3, 2024	$23,900	20,629	25,818	5.7 mi	65
IA-210843 Dirt · Power at road	1.0	Mar 6, 2025	$15,500	15,345	21,860	2.2 mi	64
IA-920870 Gravel · Power at road	1.0	Aug 9, 2025	$16,900	16,427	19,789	7.2 mi	63

Show adjustment detail for the top comp

Tract size (4 ac → 3.15 ac)+0.8%
Access (Dirt → Paved)+37.2%
Utilities (Full utilities → Power at road)-18.0%
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.

Build the listing kit Post a deal or JV