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Fayette County, IA · Sold

IA-618081

7165 County Road 283

$721,900
$3,765/ac · 192 ac
Acreage192 ac
Price per acre$3,765/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedMay 3, 2026
Coordinates42.8266, -91.9317
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

3 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands6.8% of tract

Little to no mapped wetland coverage.

Average slope22.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,048 ft of deeded road frontage.

Power8,076 ft away

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

Buildable area107.23 of 191.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$972,889
$790,333$1,155,445 · $5,073/ac on 192 ac
Asking vs estimate
-25.8%
Priced below the comp set

Weighted from 7 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 $721,900
Maximum allowable offer
$555,937
$2,899/ac · +30.0% target margin

You need $165,963 off asking to hit this margin.

All-in cost$603,192
Net resale$895,058
Projected profit$291,867
ROI+48.4%
Annualized+69.2%
Break-even resale$3,419/ac
Profit if resale lands off target
-20%
$112,855
-10%
$202,361
0%
$291,867
+10%
$381,372
+20%
$470,878
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-157999
Gravel · Power at road
180.7Mar 3, 2025$1,226,7006,7895,1802.0 mi
82
IA-428591
Gravel · Off grid
277.5Jul 27, 2026$1,218,3004,3914,2015.5 mi
81
IA-168718
Landlocked · Off grid
304.2Feb 2, 2024$716,0002,3543,7569.4 mi
64
IA-409760
Gravel · Power at road
647.1Jan 9, 2025$3,050,1004,7135,2556.0 mi
62
IA-106068
Dirt · Full utilities
44.6May 10, 2025$550,50012,3416,3903.7 mi
61
IA-606271
Paved · Power at road
51.7May 26, 2025$708,50013,7096,4863.7 mi
60
IA-209940
Gravel · Power at road
737.3Mar 3, 2024$2,756,3003,7394,4856.4 mi
54
Show adjustment detail for the top comp
  • Tract size (180.7 ac → 191.76 ac)-1.6%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (17 mo)+6.1%

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.