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Dallas County, IA · Sold

IA-437629

5104 County Road 18

$1,102,000
$7,973/ac · 138 ac
Acreage138 ac
Price per acre$7,973/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedJun 7, 2026
Coordinates41.6931, -93.9753
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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

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

2 items to verify before you offer.

Risk index
21
Low risk
Wetlands5.7% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,936 ft away

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

Buildable area123.82 of 138.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,158,347
$950,389$1,366,305 · $8,381/ac on 138 ac
Asking vs estimate
-4.9%
In line with the comp set

Weighted from 7 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 $1,102,000
Maximum allowable offer
$661,912
$4,789/ac · +30.0% target margin

You need $440,088 off asking to hit this margin.

All-in cost$718,175
Net resale$1,065,679
Projected profit$347,505
ROI+48.4%
Annualized+69.2%
Break-even resale$5,648/ac
Profit if resale lands off target
-20%
$134,369
-10%
$240,937
0%
$347,505
+10%
$454,072
+20%
$560,640
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-888121
Dirt · Off grid
197.4Jul 27, 2026$914,6004,6335,9461.3 mi
84
IA-918164
Gravel · Off grid
203.6Jul 27, 2026$1,356,5006,6617,4166.6 mi
83
IA-796660
Gravel · Power at road
68.5Jul 27, 2026$878,20012,8219,2025.2 mi
77
IA-266683
Dirt · Power at road
69.7Jul 27, 2026$775,40011,1339,3276.2 mi
75
IA-246083
Gravel · Off grid
45.1Jul 27, 2026$529,40011,7389,08810.2 mi
71
IA-546259
Gravel · Full utilities
51.2Feb 23, 2025$662,20012,9277,5773.4 mi
69
IA-416300
Dirt · Power at road
52.8Jan 30, 2024$663,20012,56710,9577.9 mi
61
Show adjustment detail for the top comp
  • Tract size (197.39 ac → 138.21 ac)+10.1%
  • Access (Dirt → Gravel)+16.3%

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.