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Butler County, IA · Sold

IA-560090

5954 County Road 29

$10,500
$17,797/ac · 0.59 ac
Acreage0.59 ac
Price per acre$17,797/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedOct 29, 2024
Coordinates42.6490, -92.8680
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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands1.5% of tract

Little to no mapped wetland coverage.

Average slope7.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power126 ft away

Power at or near the road.

Buildable area0.55 of 0.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,900
$10,107$13,693 · $20,169/ac on 0.59 ac
Asking vs estimate
-11.8%
Priced below the comp set

Weighted from 6 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 $10,500
Maximum allowable offer
$6,800
$11,525/ac · +30.0% target margin

You need $3,700 off asking to hit this margin.

All-in cost$7,378
Net resale$10,948
Projected profit$3,570
ROI+48.4%
Annualized+69.2%
Break-even resale$13,592/ac
Profit if resale lands off target
-20%
$1,380
-10%
$2,475
0%
$3,570
+10%
$4,665
+20%
$5,760
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-591199
Dirt · Full utilities
1.3Jul 27, 2026$27,10020,68319,90412.2 mi
74
IA-920870
Gravel · Power at road
1.0Aug 9, 2025$16,90016,42717,20813.8 mi
73
IA-210843
Dirt · Power at road
1.0Mar 6, 2025$15,50015,34519,0089.4 mi
66
IA-641698
Landlocked · Off grid
1.9May 3, 2026$18,2009,69217,1957.5 mi
66
IA-341036
Gravel · Power at road
1.2Sep 3, 2024$23,90020,62922,45012.6 mi
64
IA-501489
Gravel · Power at road
1.6May 16, 2025$39,50024,39325,94711.8 mi
63
Show adjustment detail for the top comp
  • Tract size (1.31 ac → 0.59 ac)+0.7%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.