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Guthrie County, IA · Sold

IA-349270

9145 County Road 159

$5,332,200
$11,751/ac · 454 ac
Acreage454 ac
Price per acre$11,751/ac
ZoningResidential
Road accessPaved
UtilitiesFull utilities
TopographySloped
ListedJun 2, 2024
Coordinates41.6372, -94.5579
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

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

View Guthrie market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
25
Low risk
Wetlands1.8% of tract

Little to no mapped wetland coverage.

Average slope27.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,552 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area267.36 of 453.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,285,320
$3,423,767$5,146,873 · $9,444/ac on 454 ac
Asking vs estimate
+24.4%
Priced above 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 $5,332,200
Maximum allowable offer
$2,448,754
$5,397/ac · +30.0% target margin

You need $2,883,446 off asking to hit this margin.

All-in cost$2,656,898
Net resale$3,942,494
Projected profit$1,285,596
ROI+48.4%
Annualized+69.2%
Break-even resale$6,364/ac
Profit if resale lands off target
-20%
$497,097
-10%
$891,347
0%
$1,285,596
+10%
$1,679,845
+20%
$2,074,095
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-139641
Paved · Full utilities
593.7Jun 12, 2026$5,920,8009,97310,8987.6 mi
83
IA-909602
Paved · Off grid
577.1Jul 27, 2026$3,936,4006,82110,5516.3 mi
83
IA-389084
Paved · Power at road
396.6Jan 22, 2025$2,011,3005,0726,3345.4 mi
75
IA-798769
Paved · Full utilities
315.6Jul 10, 2024$2,457,7007,7867,6094.8 mi
72
IA-478668
Paved · Off grid
293.4Mar 20, 2024$1,805,2006,1538,5491.2 mi
70
IA-457928
Landlocked · Power at road
171.6Apr 1, 2026$1,043,0006,0779,8752.4 mi
70
IA-169824
Gravel · Off grid
677.8May 21, 2024$4,008,0005,91312,3758.5 mi
64
Show adjustment detail for the top comp
  • Tract size (593.67 ac → 453.76 ac)+8.5%
  • Market time (2 mo)+0.7%

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.