Iowa County, IA · Sold

IA-243371

1080 County Road 354

$118,400

$18,734/ac · 6.32 ac

Offer report Market this tract

Acreage6.32 ac

Price per acre$18,734/ac

ZoningResidential

Road accessGravel

UtilitiesPower at road

TopographyRolling

ListedJan 20, 2024

Coordinates41.7630, -92.0160

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County GIS boundary

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County market

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

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Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands10.7% of tract

Little to no mapped wetland coverage.

Average slope5.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

583 ft of deeded road frontage.

Power131 ft away

Power at or near the road.

Buildable area5.36 of 6.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$113,514

$90,133 – $136,895 · $17,961/ac on 6.32 ac

Asking vs estimate

+4.3%

In line with 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 $118,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$64,865

$10,263/ac · +30.0% target margin

You need $53,535 off asking to hit this margin.

All-in cost$70,379

Net resale$104,433

Projected profit$34,054

ROI+48.4%

Annualized+69.3%

Break-even resale$12,104/ac

Profit if resale lands off target

-20%

$13,168

-10%

$23,611

$34,054

+10%

$44,498

+20%

$54,941

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-623605 Paved · Power at road	7.5	Apr 28, 2026	$199,200	26,590	23,050	5.9 mi	87
IA-503367 Paved · Power at road	6.3	Jun 4, 2025	$121,400	19,264	17,144	9.9 mi	81
IA-324567 Gravel · Off grid	15.0	Mar 31, 2026	$259,200	17,233	22,063	2.5 mi	78
IA-403493 Landlocked · Off grid	6.9	Oct 3, 2025	$54,500	7,888	14,217	5.0 mi	78
IA-742742 Dirt · Full utilities	4.0	Jul 27, 2026	$50,700	12,654	11,836	7.2 mi	77
IA-302374 Gravel · Power at road	3.1	Apr 5, 2025	$49,500	16,109	16,528	7.9 mi	68
IA-674058 Landlocked · Power at road	10.4	Oct 16, 2024	$115,900	11,143	18,258	13.3 mi	63
IA-455056 Paved · Power at road	21.4	Apr 12, 2024	$420,000	19,598	20,392	5.6 mi	58

Show adjustment detail for the top comp

Tract size (7.49 ac → 6.32 ac)+1.0%
Access (Paved → Gravel)-15.3%
Market time (4 mo)+1.3%

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.

Build the listing kit Post a deal or JV