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Harrison County, IA · Sold

IA-806889

2231 County Road 137

$1,311,900
$16,224/ac · 80.86 ac
Acreage80.86 ac
Price per acre$16,224/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedApr 3, 2024
Coordinates41.7637, -95.8284
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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

2 items to verify before you offer.

Risk index
12
Low risk
Wetlands11.9% of tract

Little to no mapped wetland coverage.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,373 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area67.68 of 80.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$832,564
$707,403$957,726 · $10,296/ac on 80.86 ac
Asking vs estimate
+57.6%
Priced above the comp set

Weighted from 5 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 $1,311,900
Maximum allowable offer
$475,751
$5,884/ac · +30.0% target margin

You need $836,149 off asking to hit this margin.

All-in cost$516,190
Net resale$765,959
Projected profit$249,769
ROI+48.4%
Annualized+69.2%
Break-even resale$6,939/ac
Profit if resale lands off target
-20%
$96,577
-10%
$173,173
0%
$249,769
+10%
$326,365
+20%
$402,961
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-786219
Gravel · Off grid
49.8Jul 27, 2026$396,3007,96310,30911.4 mi
81
IA-107708
Paved · Full utilities
146.3Apr 25, 2025$1,708,70011,67512,1093.2 mi
74
IA-776168
Gravel · Off grid
48.0Sep 27, 2024$367,4007,66110,6026.4 mi
72
IA-577831
Dirt · Off grid
160.0Dec 21, 2025$579,9003,6257,3846.4 mi
69
IA-938329
Gravel · Off grid
229.5Feb 13, 2025$1,255,6005,47110,9605.8 mi
63
Show adjustment detail for the top comp
  • Tract size (49.77 ac → 80.86 ac)-10.0%
  • Utilities (Off grid → Full utilities)+43.5%

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.