Butler County, IA · Sold

IA-789237

3070 County Road 376

$3,225,300

$7,280/ac · 443 ac

Offer report Market this tract

Acreage443 ac

Price per acre$7,280/ac

ZoningResidential

Road accessDirt

UtilitiesOff grid

TopographyFlat

ListedSep 12, 2025

Coordinates42.7624, -92.7976

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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

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands32.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

2,589 ft of deeded road frontage.

Power6,172 ft away

A long utility run — price in solar/off-grid instead.

Buildable area285.36 of 443.04 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$2,826,171

$2,278,934 – $3,373,407 · $6,379/ac on 443 ac

Asking vs estimate

+14.1%

Priced above 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 $3,225,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,614,955

$3,645/ac · +30.0% target margin

You need $1,610,345 off asking to hit this margin.

All-in cost$1,752,226

Net resale$2,600,077

Projected profit$847,851

ROI+48.4%

Annualized+69.2%

Break-even resale$4,299/ac

Profit if resale lands off target

-20%

$327,836

-10%

$587,843

$847,851

+10%

$1,107,859

+20%

$1,367,866

Comparable sales6 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-539553 Landlocked · Full utilities	557.0	Jul 27, 2026	$2,770,300	4,974	4,706	2.0 mi	84
IA-849390 Paved · Full utilities	495.0	Mar 21, 2026	$5,912,000	11,944	6,377	2.7 mi	83
IA-559273 Dirt · Power at road	454.7	Oct 4, 2024	$3,430,400	7,544	6,969	5.2 mi	77
IA-509794 Gravel · Off grid	663.3	Nov 27, 2024	$3,240,700	4,886	5,091	4.8 mi	70
IA-238460 Landlocked · Full utilities	252.3	Aug 7, 2024	$2,560,200	10,146	8,223	4.7 mi	64
IA-397510 Paved · Power at road	126.8	Aug 9, 2024	$2,007,300	15,830	7,471	5.5 mi	61

Show adjustment detail for the top comp

Tract size (557 ac → 443.04 ac)+7.2%
Access (Landlocked → Dirt)+26.5%
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