← New search
Dallas County, IA · Sold

IA-531253

2651 County Road 162

$12,900
$9,485/ac · 1.36 ac
Acreage1.36 ac
Price per acre$9,485/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedDec 21, 2025
Coordinates41.6885, -94.0382
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

4 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands1.7% of tract

Little to no mapped wetland coverage.

Average slope13.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power3,288 ft away

Service extension needed; get a utility quote.

Buildable area1.07 of 1.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$15,378
$14,147$16,608 · $11,307/ac on 1.36 ac
Asking vs estimate
-16.1%
Priced below 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 $12,900
Maximum allowable offer
$8,787
$6,461/ac · +30.0% target margin

You need $4,113 off asking to hit this margin.

All-in cost$9,534
Net resale$14,147
Projected profit$4,613
ROI+48.4%
Annualized+69.3%
Break-even resale$7,620/ac
Profit if resale lands off target
-20%
$1,784
-10%
$3,199
0%
$4,613
+10%
$6,028
+20%
$7,443
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-531251
Gravel · Off grid
1.4Jul 27, 2026$22,50016,52411,2615.2 mi
89
IA-391384
Gravel · Off grid
1.5May 28, 2024$20,20013,48910,0417.1 mi
72
IA-772800
Paved · Off grid
4.2May 6, 2025$77,30018,50311,5496.7 mi
66
IA-802842
Gravel · Power at road
4.3Jul 25, 2025$75,70017,57410,9195.6 mi
61
IA-772766
Dirt · Power at road
4.1Feb 17, 2025$71,60017,54212,8675.5 mi
60
IA-282724
Dirt · Power at road
4.0Jul 15, 2024$60,50015,29011,4656.1 mi
58
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%

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.