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Dallas County, IA · Sold

IA-918164

2627 County Road 308

$1,420,400
$6,975/ac · 204 ac
Acreage204 ac
Price per acre$6,975/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedDec 28, 2025
Coordinates41.6500, -94.0885
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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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands7.2% of tract

Little to no mapped wetland coverage.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,680 ft of deeded road frontage.

Power8,580 ft away

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

Buildable area179.53 of 203.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,535,594
$1,261,554$1,809,634 · $7,541/ac on 204 ac
Asking vs estimate
-7.5%
Priced below 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 $1,420,400
Maximum allowable offer
$877,482
$4,309/ac · +30.0% target margin

You need $542,918 off asking to hit this margin.

All-in cost$952,068
Net resale$1,412,747
Projected profit$460,679
ROI+48.4%
Annualized+69.2%
Break-even resale$5,082/ac
Profit if resale lands off target
-20%
$178,129
-10%
$319,404
0%
$460,679
+10%
$601,953
+20%
$743,228
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-888121
Dirt · Off grid
197.4Jul 27, 2026$914,6004,6335,3536.3 mi
87
IA-437629
Gravel · Off grid
138.2Jul 27, 2026$1,042,5007,5436,8056.6 mi
83
IA-796660
Gravel · Power at road
68.5Jul 27, 2026$878,20012,8218,2841.3 mi
75
IA-266683
Dirt · Power at road
69.7Jul 27, 2026$775,40011,1338,3968.0 mi
73
IA-246083
Gravel · Off grid
45.1Jul 27, 2026$529,40011,7388,1814.1 mi
72
IA-546259
Gravel · Full utilities
51.2Feb 23, 2025$662,20012,9276,8214.1 mi
61
IA-416300
Dirt · Power at road
52.8Jan 30, 2024$663,20012,5679,8632.7 mi
56
Show adjustment detail for the top comp
  • Tract size (197.39 ac → 203.64 ac)-0.9%
  • 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.