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Franklin County, IA · Sold

IA-543324

8619 County Road 77

$71,400
$11,686/ac · 6.11 ac
Acreage6.11 ac
Price per acre$11,686/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedAug 18, 2025
Coordinates42.8149, -93.3274
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

4 items to verify before you offer.

Risk index
52
Moderate risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope23.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power5,094 ft away

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

Buildable area3.49 of 6.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$57,694
$45,099$70,289 · $9,443/ac on 6.11 ac
Asking vs estimate
+23.8%
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 $71,400
Maximum allowable offer
$32,968
$5,396/ac · +30.0% target margin

You need $38,432 off asking to hit this margin.

All-in cost$35,770
Net resale$53,079
Projected profit$17,308
ROI+48.4%
Annualized+69.3%
Break-even resale$6,363/ac
Profit if resale lands off target
-20%
$6,693
-10%
$12,000
0%
$17,308
+10%
$22,616
+20%
$27,924
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-933383
Dirt · Off grid
6.4Feb 8, 2026$67,50010,5728,5611.0 mi
91
IA-213050
Dirt · Power at road
5.0Dec 22, 2025$50,80010,1406,9315.2 mi
77
IA-823668
Landlocked · Off grid
7.8Sep 9, 2024$88,80011,32412,4296.6 mi
74
IA-724888
Landlocked · Power at road
19.0Jul 11, 2025$223,00011,74811,5163.8 mi
65
IA-364024
Paved · Power at road
10.2Mar 1, 2025$194,50019,16110,3049.7 mi
64
IA-794833
Gravel · Power at road
18.2Oct 31, 2025$201,70011,0627,2476.9 mi
63
Show adjustment detail for the top comp
  • 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.