Fayette County, IA · Sold

IA-275114

472 County Road 66

$187,700

$8,398/ac · 22.35 ac

Offer report Market this tract

Acreage22.35 ac

Price per acre$8,398/ac

ZoningAgricultural

Road accessDirt

UtilitiesPower at road

TopographyMixed

ListedDec 18, 2023

Coordinates42.9427, -91.7983

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County GIS boundary

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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

Low risk

Wetlands10.5% of tract

Little to no mapped wetland coverage.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

636 ft of deeded road frontage.

Power249 ft away

Power at or near the road.

Buildable area19.00 of 22.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$218,814

$166,338 – $271,289 · $9,790/ac on 22.35 ac

Asking vs estimate

-14.2%

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 $187,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$125,036

$5,594/ac · +30.0% target margin

You need $62,664 off asking to hit this margin.

All-in cost$135,664

Net resale$201,308

Projected profit$65,644

ROI+48.4%

Annualized+69.3%

Break-even resale$6,598/ac

Profit if resale lands off target

-20%

$25,383

-10%

$45,514

$65,644

+10%

$85,775

+20%

$105,906

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	6,309	2.0 mi	90
IA-965085 Dirt · Off grid	21.9	Jul 27, 2026	$141,600	6,470	7,607	10.9 mi	89
IA-964696 Dirt · Power at road	16.5	Aug 30, 2024	$130,300	7,894	8,227	4.0 mi	74
IA-903566 Landlocked · Off grid	7.3	Jul 27, 2026	$56,300	7,733	10,344	3.7 mi	71
IA-606271 Paved · Power at road	51.7	May 26, 2025	$708,500	13,709	12,112	7.9 mi	65
IA-684496 Gravel · Off grid	14.3	Sep 12, 2024	$153,200	10,731	11,123	7.9 mi	64
IA-106068 Dirt · Full utilities	44.6	May 10, 2025	$550,500	12,341	11,933	12.9 mi	64
IA-823764 Paved · Power at road	8.4	Apr 13, 2025	$159,200	18,934	13,202	8.4 mi	62

Show adjustment detail for the top comp

Tract size (19.35 ac → 22.35 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