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Guthrie County, IA · Sold

IA-636791

3129 County Road 197

$607,100
$8,060/ac · 75.32 ac
Acreage75.32 ac
Price per acre$8,060/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedJun 1, 2026
Coordinates41.6064, -94.5231
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

1 item to verify before you offer.

Risk index
28
Low risk
Wetlands4.7% of tract

Little to no mapped wetland coverage.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power60 ft away

Power at or near the road.

Buildable area68.19 of 75.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$587,206
$475,271$699,141 · $7,796/ac on 75.32 ac
Asking vs estimate
+3.4%
In line with the comp set

Weighted from 8 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 $607,100
Maximum allowable offer
$335,546
$4,455/ac · +30.0% target margin

You need $271,554 off asking to hit this margin.

All-in cost$364,067
Net resale$540,229
Projected profit$176,162
ROI+48.4%
Annualized+69.2%
Break-even resale$5,254/ac
Profit if resale lands off target
-20%
$68,116
-10%
$122,139
0%
$176,162
+10%
$230,185
+20%
$284,208
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-597044
Gravel · Off grid
90.5Apr 1, 2026$753,0008,3237,0600.3 mi
83
IA-147281
Dirt · Off grid
107.4May 28, 2026$1,034,0009,6269,8394.5 mi
83
IA-327083
Gravel · Full utilities
93.1May 7, 2026$987,50010,6126,2886.3 mi
79
IA-457928
Landlocked · Power at road
171.6Apr 1, 2026$1,043,0006,0777,5982.8 mi
76
IA-996677
Gravel · Off grid
69.3Jan 29, 2025$714,50010,3038,6145.3 mi
74
IA-756709
Dirt · Full utilities
71.0Jul 18, 2024$671,5009,4626,5782.6 mi
74
IA-347268
Dirt · Power at road
106.4Jun 29, 2024$1,164,20010,94110,2386.0 mi
69
IA-197428
Dirt · Off grid
119.5Mar 29, 2025$660,6005,5296,08610.9 mi
65
Show adjustment detail for the top comp
  • Tract size (90.47 ac → 75.32 ac)+4.4%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (4 mo)+1.6%

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.