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Guthrie County, IA · Sold

IA-909602

2208 County Road 194

$4,237,200
$7,342/ac · 577 ac
Acreage577 ac
Price per acre$7,342/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedJan 19, 2026
Coordinates41.6413, -94.4360
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
20
Low risk
Wetlands10.3% of tract

Little to no mapped wetland coverage.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

4,350 ft of deeded road frontage.

Power12,290 ft away

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

Buildable area491.80 of 577.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,597,856
$2,854,433$4,341,279 · $6,234/ac on 577 ac
Asking vs estimate
+17.8%
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 $4,237,200
Maximum allowable offer
$2,055,918
$3,562/ac · +30.0% target margin

You need $2,181,282 off asking to hit this margin.

All-in cost$2,230,671
Net resale$3,310,028
Projected profit$1,079,357
ROI+48.4%
Annualized+69.2%
Break-even resale$4,201/ac
Profit if resale lands off target
-20%
$417,351
-10%
$748,354
0%
$1,079,357
+10%
$1,410,359
+20%
$1,741,362
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-139641
Paved · Full utilities
593.7Jun 12, 2026$5,920,8009,9737,0602.0 mi
89
IA-169824
Gravel · Off grid
677.8May 21, 2024$4,008,0005,9138,0172.2 mi
75
IA-349270
Paved · Full utilities
453.8Apr 9, 2025$4,783,00010,5417,2176.3 mi
74
IA-389084
Paved · Power at road
396.6Jan 22, 2025$2,011,3005,0724,1032.5 mi
74
IA-478668
Paved · Off grid
293.4Mar 20, 2024$1,805,2006,1535,5386.7 mi
70
IA-457928
Landlocked · Power at road
171.6Apr 1, 2026$1,043,0006,0776,3983.9 mi
67
IA-798769
Paved · Full utilities
315.6Jul 10, 2024$2,457,7007,7864,9307.1 mi
65
Show adjustment detail for the top comp
  • Tract size (593.67 ac → 577.13 ac)+0.9%
  • Utilities (Full utilities → Off grid)-30.3%
  • 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.