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Guthrie County, IA · Sold

IA-756709

4940 County Road 160

$662,900
$9,341/ac · 70.97 ac
Acreage70.97 ac
Price per acre$9,341/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedMay 11, 2024
Coordinates41.6302, -94.4844
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
11
Low risk
Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area65.80 of 70.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$879,833
$723,199$1,036,468 · $12,397/ac on 70.97 ac
Asking vs estimate
-24.7%
Priced below 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 $662,900
Maximum allowable offer
$502,762
$7,084/ac · +30.0% target margin

You need $160,138 off asking to hit this margin.

All-in cost$545,497
Net resale$809,447
Projected profit$263,950
ROI+48.4%
Annualized+69.2%
Break-even resale$8,355/ac
Profit if resale lands off target
-20%
$102,061
-10%
$183,005
0%
$263,950
+10%
$344,895
+20%
$425,839
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-636791
Landlocked · Power at road
75.3Jul 27, 2026$579,8007,69812,0652.6 mi
87
IA-327083
Gravel · Full utilities
93.1May 7, 2026$987,50010,6129,8354.5 mi
82
IA-147281
Dirt · Off grid
107.4May 28, 2026$1,034,0009,62615,3882.2 mi
82
IA-597044
Gravel · Off grid
90.5Apr 1, 2026$753,0008,32311,0412.4 mi
80
IA-996677
Gravel · Off grid
69.3Jan 29, 2025$714,50010,30313,4723.0 mi
77
IA-457928
Landlocked · Power at road
171.6Apr 1, 2026$1,043,0006,07711,8821.8 mi
72
IA-347268
Dirt · Power at road
106.4Jun 29, 2024$1,164,20010,94116,0123.9 mi
70
IA-197428
Dirt · Off grid
119.5Mar 29, 2025$660,6005,5299,5199.2 mi
67
Show adjustment detail for the top comp
  • Tract size (75.32 ac → 70.97 ac)+1.4%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Full utilities)+22.0%

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.