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Butler County, IA · Sold

IA-894619

3141 County Road 254

$181,000
$11,588/ac · 15.62 ac
Acreage15.62 ac
Price per acre$11,588/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedNov 14, 2025
Coordinates42.7796, -92.6854
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

3 items to verify before you offer.

Risk index
23
Low risk
Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope14.9%

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.

Power237 ft away

Power at or near the road.

Buildable area11.90 of 15.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$261,880
$234,792$288,967 · $16,766/ac on 15.62 ac
Asking vs estimate
-30.9%
Priced below the comp set

Weighted from 7 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 $181,000
Maximum allowable offer
$149,646
$9,580/ac · +30.0% target margin

You need $31,354 off asking to hit this margin.

All-in cost$162,366
Net resale$240,929
Projected profit$78,564
ROI+48.4%
Annualized+69.2%
Break-even resale$11,299/ac
Profit if resale lands off target
-20%
$30,378
-10%
$54,471
0%
$78,564
+10%
$102,656
+20%
$126,749
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-314719
Gravel · Power at road
16.8Jul 4, 2026$259,10015,43015,63110.1 mi
90
IA-224727
Gravel · Full utilities
16.9Jul 27, 2026$406,30024,05519,9353.5 mi
88
IA-754918
Gravel · Off grid
19.4Mar 20, 2025$239,60012,35715,79210.4 mi
72
IA-253726
Paved · Full utilities
8.2Nov 10, 2025$202,10024,70416,7293.5 mi
70
IA-576203
Dirt · Full utilities
49.2Jul 27, 2026$787,60016,01218,2476.4 mi
69
IA-704040
Landlocked · Power at road
10.3Jul 8, 2025$107,80010,50015,52512.7 mi
68
IA-574047
Landlocked · Full utilities
10.3May 11, 2024$120,60011,68414,8269.1 mi
63
Show adjustment detail for the top comp
  • Tract size (16.79 ac → 15.62 ac)+0.8%
  • Market time (1 mo)+0.5%

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.