IA-197428
6903 County Road 368
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Guthrie County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.
View Guthrie market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
1,673 ft of deeded road frontage.
Service extension needed; get a utility quote.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 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 $242,216 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IA-147281 Dirt · Off grid | 107.4 | May 28, 2026 | $1,034,000 | 9,626 | 9,456 | 7.1 mi | 86 |
| IA-597044 Gravel · Off grid | 90.5 | Apr 1, 2026 | $753,000 | 8,323 | 6,785 | 10.7 mi | 81 |
| IA-327083 Gravel · Full utilities | 93.1 | May 7, 2026 | $987,500 | 10,612 | 6,044 | 11.7 mi | 75 |
| IA-636791 Landlocked · Power at road | 75.3 | Jul 27, 2026 | $579,800 | 7,698 | 7,414 | 10.9 mi | 75 |
| IA-457928 Landlocked · Power at road | 171.6 | Apr 1, 2026 | $1,043,000 | 6,077 | 7,302 | 8.2 mi | 74 |
| IA-347268 Dirt · Power at road | 106.4 | Jun 29, 2024 | $1,164,200 | 10,941 | 9,840 | 5.4 mi | 74 |
| IA-996677 Gravel · Off grid | 69.3 | Jan 29, 2025 | $714,500 | 10,303 | 8,279 | 9.9 mi | 66 |
| IA-756709 Dirt · Full utilities | 71.0 | Jul 18, 2024 | $671,500 | 9,462 | 6,322 | 9.2 mi | 65 |
| IA-389084 Paved · Power at road | 396.6 | Jan 22, 2025 | $2,011,300 | 5,072 | 4,683 | 10.8 mi | 60 |
| IA-798769 Paved · Full utilities | 315.6 | Jul 10, 2024 | $2,457,700 | 7,786 | 5,626 | 4.7 mi | 59 |
Show adjustment detail for the top comp
- Tract size (107.41 ac → 119.48 ac)-2.7%
- Market time (3 mo)+0.9%
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.