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Dallas County, IA · Sold

IA-531251

5074 County Road 359

$26,500
$19,485/ac · 1.36 ac
Acreage1.36 ac
Price per acre$19,485/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedMay 9, 2026
Coordinates41.6138, -94.0383
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

Dallas County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

View Dallas market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
27
Low risk
Wetlands0.7% of tract

Little to no mapped wetland coverage.

Average slope29.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

200 ft of deeded road frontage.

Power2,392 ft away

Service extension needed; get a utility quote.

Buildable area0.81 of 1.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$21,428
$18,599$24,257 · $15,756/ac on 1.36 ac
Asking vs estimate
+23.7%
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 $26,500
Maximum allowable offer
$12,244
$9,003/ac · +30.0% target margin

You need $14,256 off asking to hit this margin.

All-in cost$13,285
Net resale$19,713
Projected profit$6,429
ROI+48.4%
Annualized+69.3%
Break-even resale$10,618/ac
Profit if resale lands off target
-20%
$2,486
-10%
$4,457
0%
$6,429
+10%
$8,400
+20%
$10,371
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-531253
Landlocked · Off grid
1.4Jun 12, 2026$11,5008,43212,4925.2 mi
87
IA-391384
Gravel · Off grid
1.5May 28, 2024$20,20013,48914,7675.0 mi
76
IA-802842
Gravel · Power at road
4.3Jul 25, 2025$75,70017,57416,0570.9 mi
72
IA-772800
Paved · Off grid
4.2May 6, 2025$77,30018,50316,9833.9 mi
63
IA-772766
Dirt · Power at road
4.1Feb 17, 2025$71,60017,54218,9218.4 mi
63
IA-282724
Dirt · Power at road
4.0Jul 15, 2024$60,50015,29016,8609.7 mi
56
Show adjustment detail for the top comp
  • Access (Landlocked → Gravel)+47.1%
  • 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.