← New search
Butler County, IA · Sold

IA-382193

531 County Road 166

$57,800
$21,487/ac · 2.69 ac
Acreage2.69 ac
Price per acre$21,487/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedMay 15, 2025
Coordinates42.7990, -92.7684
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
18
Low risk
Wetlands19.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

157 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area2.06 of 2.69 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$56,833
$46,805$66,860 · $21,127/ac on 2.69 ac
Asking vs estimate
+1.7%
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 $57,800
Maximum allowable offer
$32,476
$12,073/ac · +30.0% target margin

You need $25,324 off asking to hit this margin.

All-in cost$35,236
Net resale$52,286
Projected profit$17,050
ROI+48.4%
Annualized+69.2%
Break-even resale$14,238/ac
Profit if resale lands off target
-20%
$6,592
-10%
$11,821
0%
$17,050
+10%
$22,278
+20%
$27,507
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-942739
Dirt · Full utilities
4.0Jun 18, 2026$97,90024,47224,9483.0 mi
84
IA-272411
Paved · Power at road
3.1Jul 27, 2026$89,20028,31425,3447.4 mi
81
IA-591199
Dirt · Full utilities
1.3Jul 27, 2026$27,10020,68320,4452.6 mi
80
IA-641698
Landlocked · Off grid
1.9May 3, 2026$18,2009,69217,6624.0 mi
78
IA-501489
Gravel · Power at road
1.6May 16, 2025$39,50024,39326,6511.8 mi
75
IA-222449
Gravel · Power at road
3.2Nov 2, 2023$40,50012,49414,7225.0 mi
68
IA-253726
Paved · Full utilities
8.2Nov 10, 2025$202,10024,70419,5282.2 mi
68
IA-920870
Gravel · Power at road
1.0Aug 9, 2025$16,90016,42717,6753.4 mi
65
IA-210843
Dirt · Power at road
1.0Mar 6, 2025$15,50015,34519,5245.1 mi
64
IA-341036
Gravel · Power at road
1.2Sep 3, 2024$23,90020,62923,0593.6 mi
62
Show adjustment detail for the top comp
  • Tract size (4 ac → 2.69 ac)+1.3%
  • 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.