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Fayette County, IA · Sold

IA-209940

1616 County Road 225

$2,986,200
$4,050/ac · 737 ac
Acreage737 ac
Price per acre$4,050/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedSep 27, 2023
Coordinates42.8504, -91.8103
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

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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,135 ft of deeded road frontage.

Power226 ft away

Power at or near the road.

Buildable area666.07 of 737.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,014,745
$2,562,085$3,467,405 · $4,089/ac on 737 ac
Asking vs estimate
-0.9%
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 $2,986,200
Maximum allowable offer
$1,722,711
$2,337/ac · +30.0% target margin

You need $1,263,489 off asking to hit this margin.

All-in cost$1,869,141
Net resale$2,773,565
Projected profit$904,424
ROI+48.4%
Annualized+69.2%
Break-even resale$2,756/ac
Profit if resale lands off target
-20%
$349,711
-10%
$627,067
0%
$904,424
+10%
$1,181,780
+20%
$1,459,137
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-409760
Gravel · Power at road
647.1Jan 9, 2025$3,050,1004,7134,8332.0 mi
80
IA-428591
Gravel · Off grid
277.5Jul 27, 2026$1,218,3004,3913,8641.4 mi
76
IA-618081
Dirt · Off grid
191.8Jul 27, 2026$712,5003,7163,4246.4 mi
67
IA-168718
Landlocked · Off grid
304.2Feb 2, 2024$716,0002,3543,4546.1 mi
63
IA-157999
Gravel · Power at road
180.7Mar 3, 2025$1,226,7006,7894,7635.2 mi
62
Show adjustment detail for the top comp
  • Tract size (647.12 ac → 737.25 ac)-3.9%
  • Market time (19 mo)+6.7%

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.