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Fayette County, IA · Sold

IA-428591

9334 County Road 148

$1,244,400
$4,485/ac · 277 ac
Acreage277 ac
Price per acre$4,485/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedApr 16, 2026
Coordinates42.8331, -91.8242
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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

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands9.8% of tract

Little to no mapped wetland coverage.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,864 ft of deeded road frontage.

Power12,626 ft away

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

Buildable area237.76 of 277.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,299,394
$1,104,006 – $1,494,781 · $4,683/ac on 277 ac
Asking vs estimate
-4.2%
In line with the comp set

Weighted from 5 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 $1,244,400
Maximum allowable offer
$742,511
$2,676/ac · +30.0% target margin

You need $501,889 off asking to hit this margin.

All-in cost$805,624
Net resale$1,195,442
Projected profit$389,818
ROI+48.4%
Annualized+69.2%
Break-even resale$3,156/ac
Profit if resale lands off target
-20%
$150,729
-10%
$270,274
0%
$389,818
+10%
$509,362
+20%
$628,906
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-618081
Dirt · Off grid
191.8Jul 27, 2026$712,5003,7163,9225.5 mi
80
IA-168718
Landlocked · Off grid
304.2Feb 2, 2024$716,0002,3543,9547.2 mi
72
IA-157999
Gravel · Power at road
180.7Mar 3, 2025$1,226,7006,7895,4544.6 mi
71
IA-409760
Gravel · Power at road
647.1Jan 9, 2025$3,050,1004,7135,5332.9 mi
66
IA-209940
Gravel · Power at road
737.3Mar 3, 2024$2,756,3003,7394,7211.4 mi
63
Show adjustment detail for the top comp
  • Tract size (191.76 ac → 277.46 ac)-9.9%
  • Access (Dirt → Gravel)+16.3%
  • Market time (2 mo)+0.8%

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.