Butler County, IA · Sold

IA-516761

5261 County Road 267

$1,089,800

$14,787/ac · 73.70 ac

Offer report Market this tract

Acreage73.70 ac

Price per acre$14,787/ac

ZoningResidential

Road accessDirt

UtilitiesOff grid

TopographyFlat

ListedFeb 5, 2024

Coordinates42.7813, -92.8220

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands6.0% of tract

Little to no mapped wetland coverage.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,103 ft of deeded road frontage.

Power2,532 ft away

Service extension needed; get a utility quote.

Buildable area65.81 of 73.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$722,950

$569,768 – $876,131 · $9,809/ac on 73.70 ac

Asking vs estimate

+50.7%

Priced above 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 $1,089,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$413,114

$5,605/ac · +30.0% target margin

You need $676,686 off asking to hit this margin.

All-in cost$448,229

Net resale$665,114

Projected profit$216,885

ROI+48.4%

Annualized+69.2%

Break-even resale$6,611/ac

Profit if resale lands off target

-20%

$83,862

-10%

$150,374

$216,885

+10%

$283,396

+20%

$349,908

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	10,256	1.4 mi	84
IA-646543 Dirt · Power at road	62.9	May 1, 2025	$535,400	8,507	7,361	2.1 mi	79
IA-224727 Gravel · Full utilities	16.9	Jul 27, 2026	$406,300	24,055	11,205	6.9 mi	70
IA-397510 Paved · Power at road	126.8	Aug 9, 2024	$2,007,300	15,830	12,143	6.4 mi	68
IA-314719 Gravel · Power at road	16.8	Jul 4, 2026	$259,100	15,430	8,786	3.5 mi	67
IA-754918 Gravel · Off grid	19.4	Mar 20, 2025	$239,600	12,357	8,877	4.4 mi	61
IA-894619 Gravel · Power at road	15.6	Dec 10, 2025	$185,000	11,843	6,847	6.9 mi	60
IA-238460 Landlocked · Full utilities	252.3	Aug 7, 2024	$2,560,200	10,146	13,365	5.9 mi	56

Show adjustment detail for the top comp

Tract size (49.19 ac → 73.7 ac)-8.3%
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.

Build the listing kit Post a deal or JV