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Dallas County, IA · Sold

IA-802842

541 County Road 87

$88,900
$20,626/ac · 4.31 ac
Acreage4.31 ac
Price per acre$20,626/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedMay 30, 2025
Coordinates41.6088, -94.0226
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

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands6.9% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

166 ft of deeded road frontage.

Power73 ft away

Power at or near the road.

Buildable area3.81 of 4.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$79,170
$62,170$96,170 · $18,369/ac on 4.31 ac
Asking vs estimate
+12.3%
Priced above 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 $88,900
Maximum allowable offer
$45,240
$10,497/ac · +30.0% target margin

You need $43,660 off asking to hit this margin.

All-in cost$49,085
Net resale$72,836
Projected profit$23,751
ROI+48.4%
Annualized+69.2%
Break-even resale$12,379/ac
Profit if resale lands off target
-20%
$9,184
-10%
$16,467
0%
$23,751
+10%
$31,035
+20%
$38,318
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-333337
Gravel · Off grid
6.2Jul 27, 2026$106,90017,31820,76710.2 mi
80
IA-531251
Gravel · Off grid
1.4Jul 27, 2026$22,50016,52418,9300.9 mi
80
IA-772766
Dirt · Power at road
4.1Feb 17, 2025$71,60017,54221,6299.2 mi
79
IA-772800
Paved · Off grid
4.2May 6, 2025$77,30018,50319,4143.0 mi
78
IA-433985
Dirt · Power at road
9.9Jun 3, 2026$76,5007,7599,5452.7 mi
75
IA-543334
Dirt · Power at road
6.2Mar 7, 2025$97,80015,87319,9074.4 mi
72
IA-282724
Dirt · Power at road
4.0Jul 15, 2024$60,50015,29019,27410.5 mi
71
IA-933716
Gravel · Power at road
8.1Sep 25, 2024$174,60021,50424,0069.7 mi
71
IA-531253
Landlocked · Off grid
1.4Jun 12, 2026$11,5008,43214,2805.6 mi
68
IA-494473
Dirt · Full utilities
14.1Jul 27, 2026$207,10014,73815,2509.1 mi
67
Show adjustment detail for the top comp
  • Tract size (6.17 ac → 4.31 ac)+1.7%
  • Utilities (Off grid → Power at road)+17.6%

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.