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Franklin County, IA · Sold

IA-213050

7907 County Road 261

$55,400
$11,058/ac · 5.01 ac
Acreage5.01 ac
Price per acre$11,058/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedFeb 17, 2025
Coordinates42.7867, -93.2315
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

Franklin County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

View Franklin market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
22
Low risk
Wetlands17.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

222 ft of deeded road frontage.

Power70 ft away

Power at or near the road.

Buildable area3.92 of 5.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$81,842
$70,999$92,685 · $16,336/ac on 5.01 ac
Asking vs estimate
-32.3%
Priced below 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 $55,400
Maximum allowable offer
$46,767
$9,335/ac · +30.0% target margin

You need $8,633 off asking to hit this margin.

All-in cost$50,742
Net resale$75,295
Projected profit$24,552
ROI+48.4%
Annualized+69.2%
Break-even resale$11,009/ac
Profit if resale lands off target
-20%
$9,493
-10%
$17,023
0%
$24,552
+10%
$32,082
+20%
$39,611
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-933383
Dirt · Off grid
6.4Feb 8, 2026$67,50010,57212,8644.3 mi
80
IA-543324
Landlocked · Off grid
6.1Oct 17, 2025$69,90011,44017,7895.2 mi
76
IA-364024
Paved · Power at road
10.2Mar 1, 2025$194,50019,16115,4845.0 mi
72
IA-823668
Landlocked · Off grid
7.8Sep 9, 2024$88,80011,32418,6767.3 mi
65
IA-321413
Gravel · Full utilities
1.5Nov 4, 2024$36,90024,14217,6874.8 mi
58
Show adjustment detail for the top comp
  • Tract size (6.38 ac → 5.01 ac)+1.2%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (6 mo)+2.2%

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.