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Fayette County, IA · Sold

IA-106068

8225 County Road 298

$546,700
$12,255/ac · 44.61 ac
Acreage44.61 ac
Price per acre$12,255/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedJun 17, 2024
Coordinates42.7749, -91.9114
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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

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands16.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

717 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area35.30 of 44.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$445,137
$344,553$545,722 · $9,978/ac on 44.61 ac
Asking vs estimate
+22.8%
Priced above 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 $546,700
Maximum allowable offer
$254,364
$5,702/ac · +30.0% target margin

You need $292,336 off asking to hit this margin.

All-in cost$275,985
Net resale$409,526
Projected profit$133,541
ROI+48.4%
Annualized+69.2%
Break-even resale$6,725/ac
Profit if resale lands off target
-20%
$51,636
-10%
$92,589
0%
$133,541
+10%
$174,494
+20%
$215,446
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-965085
Dirt · Off grid
21.9Jul 27, 2026$141,6006,4708,2862.7 mi
79
IA-606271
Paved · Power at road
51.7May 26, 2025$708,50013,70913,1927.4 mi
78
IA-644915
Dirt · Power at road
19.4Jul 27, 2026$124,1006,4156,87211.2 mi
72
IA-964696
Dirt · Power at road
16.5Aug 30, 2024$130,3007,8948,9619.7 mi
63
IA-684496
Gravel · Off grid
14.3Sep 12, 2024$153,20010,73112,1158.5 mi
60
IA-275114
Dirt · Power at road
22.4Jan 18, 2024$197,6008,84310,67512.9 mi
60
Show adjustment detail for the top comp
  • Tract size (21.89 ac → 44.61 ac)-11.0%
  • Utilities (Off grid → Full utilities)+43.5%

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.