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Butler County, IA · Sold

IA-253726

2449 County Road 166

$203,300
$24,853/ac · 8.18 ac
Acreage8.18 ac
Price per acre$24,853/ac
ZoningRecreational
Road accessPaved
UtilitiesFull utilities
TopographyFlat
ListedOct 24, 2025
Coordinates42.7685, -92.7534
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
24
Low risk
Wetlands21.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

459 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area6.07 of 8.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$211,848
$171,088$252,609 · $25,898/ac on 8.18 ac
Asking vs estimate
-4.0%
In line with 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 $203,300
Maximum allowable offer
$121,056
$14,799/ac · +30.0% target margin

You need $82,244 off asking to hit this margin.

All-in cost$131,346
Net resale$194,900
Projected profit$63,555
ROI+48.4%
Annualized+69.3%
Break-even resale$17,453/ac
Profit if resale lands off target
-20%
$24,575
-10%
$44,065
0%
$63,555
+10%
$83,045
+20%
$102,535
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-942739
Dirt · Full utilities
4.0Jun 18, 2026$97,90024,47232,5721.0 mi
78
IA-224727
Gravel · Full utilities
16.9Jul 27, 2026$406,30024,05530,3813.6 mi
77
IA-272411
Paved · Power at road
3.1Jul 27, 2026$89,20028,31433,0905.1 mi
74
IA-314719
Gravel · Power at road
16.8Jul 4, 2026$259,10015,43023,8217.0 mi
72
IA-704040
Landlocked · Power at road
10.3Jul 8, 2025$107,80010,50023,6619.5 mi
71
IA-894619
Gravel · Power at road
15.6Dec 10, 2025$185,00011,84318,5643.5 mi
71
IA-574047
Landlocked · Full utilities
10.3May 11, 2024$120,60011,68422,5956.8 mi
70
IA-382193
Dirt · Full utilities
2.7Aug 5, 2025$56,20020,90728,4752.2 mi
66
IA-754918
Gravel · Off grid
19.4Mar 20, 2025$239,60012,35724,0686.8 mi
62
IA-222449
Gravel · Power at road
3.2Nov 2, 2023$40,50012,49419,2213.2 mi
59
Show adjustment detail for the top comp
  • Tract size (4 ac → 8.18 ac)-3.6%
  • Access (Dirt → Paved)+37.2%
  • 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.