Fayette County, IA · Sold

IA-964696

8014 County Road 38

$140,900

$8,534/ac · 16.51 ac

Offer report Market this tract

Acreage16.51 ac

Price per acre$8,534/ac

ZoningRecreational

Road accessDirt

UtilitiesPower at road

TopographySloped

ListedMay 18, 2024

Coordinates42.9117, -91.8640

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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

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

View Fayette market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands5.3% of tract

Little to no mapped wetland coverage.

Average slope10.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power173 ft away

Power at or near the road.

Buildable area14.85 of 16.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$173,084

$134,373 – $211,796 · $10,484/ac on 16.51 ac

Asking vs estimate

-18.6%

Priced below the comp set

Weighted from 8 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 $140,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$98,905

$5,991/ac · +30.0% target margin

You need $41,995 off asking to hit this margin.

All-in cost$107,312

Net resale$159,238

Projected profit$51,926

ROI+48.4%

Annualized+69.3%

Break-even resale$7,065/ac

Profit if resale lands off target

-20%

$20,078

-10%

$36,002

$51,926

+10%

$67,850

+20%

$83,773

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-644915 Dirt · Power at road	19.4	Jul 27, 2026	$124,100	6,415	6,552	3.2 mi	89
IA-965085 Dirt · Off grid	21.9	Jul 27, 2026	$141,600	6,470	7,900	7.4 mi	83
IA-903566 Landlocked · Off grid	7.3	Jul 27, 2026	$56,300	7,733	10,743	1.8 mi	75
IA-684496 Gravel · Off grid	14.3	Sep 12, 2024	$153,200	10,731	11,552	7.5 mi	74
IA-275114 Dirt · Power at road	22.4	Jan 18, 2024	$197,600	8,843	10,179	4.0 mi	72
IA-606271 Paved · Power at road	51.7	May 26, 2025	$708,500	13,709	12,579	4.0 mi	68
IA-823764 Paved · Power at road	8.4	Apr 13, 2025	$159,200	18,934	13,711	4.4 mi	68
IA-106068 Dirt · Full utilities	44.6	May 10, 2025	$550,500	12,341	12,393	9.7 mi	66

Show adjustment detail for the top comp

Tract size (19.35 ac → 16.51 ac)+1.9%

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.

Build the listing kit Post a deal or JV