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Harrison County, IA · Sold

IA-776168

2948 County Road 393

$349,600
$7,289/ac · 47.96 ac
Acreage47.96 ac
Price per acre$7,289/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedApr 12, 2024
Coordinates41.6780, -95.8763
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

2 items to verify before you offer.

Risk index
24
Low risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,478 ft away

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

Buildable area42.55 of 47.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$418,022
$318,443$517,601 · $8,716/ac on 47.96 ac
Asking vs estimate
-16.4%
Priced below 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 $349,600
Maximum allowable offer
$238,870
$4,981/ac · +30.0% target margin

You need $110,730 off asking to hit this margin.

All-in cost$259,174
Net resale$384,580
Projected profit$125,406
ROI+48.4%
Annualized+69.2%
Break-even resale$5,874/ac
Profit if resale lands off target
-20%
$48,490
-10%
$86,948
0%
$125,406
+10%
$163,864
+20%
$202,322
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-786219
Gravel · Off grid
49.8Jul 27, 2026$396,3007,9638,0395.2 mi
94
IA-806889
Gravel · Full utilities
80.9Jan 3, 2025$1,184,60014,65112,2006.4 mi
73
IA-577831
Dirt · Off grid
160.0Dec 21, 2025$579,9003,6255,7584.0 mi
66
IA-107708
Paved · Full utilities
146.3Apr 25, 2025$1,708,70011,6759,4435.0 mi
65
IA-155040
Dirt · Off grid
21.2Mar 21, 2025$159,3007,5228,0956.3 mi
64
Show adjustment detail for the top comp
  • Tract size (49.77 ac → 47.96 ac)+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.