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Iowa County, IA · Sold

IA-318482

2035 County Road 60

$1,312,000
$5,117/ac · 256 ac
Acreage256 ac
Price per acre$5,117/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedJan 19, 2026
Coordinates41.7520, -92.1235
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

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

View Iowa market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
29
Low risk
Wetlands0.5% of tract

Little to no mapped wetland coverage.

Average slope22.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power1,552 ft away

Service extension needed; get a utility quote.

Buildable area153.06 of 256.39 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,538,191
$1,266,674$1,809,707 · $5,999/ac on 256 ac
Asking vs estimate
-14.7%
Priced below the comp set

Weighted from 6 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 $1,312,000
Maximum allowable offer
$878,966
$3,428/ac · +30.0% target margin

You need $433,034 off asking to hit this margin.

All-in cost$953,678
Net resale$1,415,136
Projected profit$461,457
ROI+48.4%
Annualized+69.2%
Break-even resale$4,043/ac
Profit if resale lands off target
-20%
$178,430
-10%
$319,944
0%
$461,457
+10%
$602,971
+20%
$744,485
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-608257
Landlocked · Power at road
217.8Jul 27, 2026$1,284,4005,8966,0651.9 mi
85
IA-178794
Gravel · Off grid
321.4Nov 1, 2025$2,561,7007,9707,56010.9 mi
75
IA-855763
Gravel · Off grid
35.8Jul 24, 2026$347,0009,7015,2239.7 mi
63
IA-616506
Paved · Power at road
61.3Jan 29, 2025$937,20015,2966,9981.0 mi
60
IA-236147
Paved · Off grid
47.2May 20, 2024$414,3008,7714,5988.8 mi
57
IA-605759
Dirt · Full utilities
35.7Apr 29, 2025$391,90010,9895,0397.9 mi
55
Show adjustment detail for the top comp
  • Tract size (217.83 ac → 256.39 ac)-4.5%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Off grid)-15.0%

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.