IA-823668
6138 County Road 87
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Franklin County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.
View Franklin market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Little to no mapped wetland coverage.
Steep ground — expect meaningful site work to build.
Outside the mapped floodplain.
No legal access of record — resale is severely limited.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $47,839 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IA-933383 Dirt · Off grid | 6.4 | Feb 8, 2026 | $67,500 | 10,572 | 8,434 | 6.9 mi | 79 |
| IA-543324 Landlocked · Off grid | 6.1 | Oct 17, 2025 | $69,900 | 11,440 | 11,662 | 6.6 mi | 79 |
| IA-213050 Dirt · Power at road | 5.0 | Dec 22, 2025 | $50,800 | 10,140 | 6,828 | 7.3 mi | 71 |
| IA-364024 Paved · Power at road | 10.2 | Mar 1, 2025 | $194,500 | 19,161 | 10,151 | 8.2 mi | 69 |
| IA-724888 Landlocked · Power at road | 19.0 | Jul 11, 2025 | $223,000 | 11,748 | 11,345 | 2.8 mi | 68 |
| IA-794833 Gravel · Power at road | 18.2 | Oct 31, 2025 | $201,700 | 11,062 | 7,139 | 7.1 mi | 65 |
Show adjustment detail for the top comp
- Tract size (6.38 ac → 7.84 ac)-1.3%
- Access (Dirt → Landlocked)-20.9%
- 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.