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Harrison County, IA · Sold

IA-591023

6301 County Road 118

$15,000
$13,043/ac · 1.15 ac
Acreage1.15 ac
Price per acre$13,043/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedOct 9, 2023
Coordinates41.6378, -95.8269
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

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

View Harrison market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands7.2% of tract

Little to no mapped wetland coverage.

Average slope3.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

141 ft of deeded road frontage.

Power116 ft away

Power at or near the road.

Buildable area1.01 of 1.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$18,276
$15,427$21,125 · $15,892/ac on 1.15 ac
Asking vs estimate
-17.9%
Priced below 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 $15,000
Maximum allowable offer
$10,443
$9,081/ac · +30.0% target margin

You need $4,557 off asking to hit this margin.

All-in cost$11,331
Net resale$16,814
Projected profit$5,483
ROI+48.4%
Annualized+69.3%
Break-even resale$10,710/ac
Profit if resale lands off target
-20%
$2,121
-10%
$3,802
0%
$5,483
+10%
$7,165
+20%
$8,846
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-581022
Dirt · Off grid
1.1May 17, 2025$11,50010,01614,4204.6 mi
77
IA-931470
Dirt · Off grid
1.6Mar 27, 2026$13,3008,32411,6254.6 mi
77
IA-301668
Gravel · Power at road
1.8Feb 20, 2025$25,70013,98514,9607.7 mi
71
IA-962418
Paved · Off grid
3.2Jul 27, 2026$51,50016,24716,5646.8 mi
70
IA-491530
Landlocked · Power at road
1.7Dec 7, 2024$20,70012,38619,61110.8 mi
67
IA-802012
Dirt · Off grid
2.4Jun 27, 2024$28,20011,95218,0369.8 mi
63
IA-572719
Paved · Power at road
3.9Nov 23, 2024$72,40018,38617,1774.3 mi
60
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (15 mo)+5.2%

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.