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Iowa County, IA · Sold

IA-302374

5641 County Road 35

$56,200
$18,306/ac · 3.07 ac
Acreage3.07 ac
Price per acre$18,306/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedJun 9, 2024
Coordinates41.6512, -91.9863
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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

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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands15.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

227 ft of deeded road frontage.

Power24 ft away

Power at or near the road.

Buildable area2.47 of 3.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$52,430
$42,151$62,709 · $17,078/ac on 3.07 ac
Asking vs estimate
+7.2%
Priced above 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 $56,200
Maximum allowable offer
$29,960
$9,759/ac · +30.0% target margin

You need $26,240 off asking to hit this margin.

All-in cost$32,507
Net resale$48,236
Projected profit$15,729
ROI+48.4%
Annualized+69.3%
Break-even resale$11,509/ac
Profit if resale lands off target
-20%
$6,082
-10%
$10,906
0%
$15,729
+10%
$20,553
+20%
$25,376
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-742742
Dirt · Full utilities
4.0Jul 27, 2026$50,70012,65412,1966.3 mi
81
IA-811557
Landlocked · Power at road
1.7Mar 17, 2026$17,0009,97914,7302.8 mi
76
IA-771116
Landlocked · Off grid
1.2Jul 27, 2026$13,30010,83818,4514.3 mi
73
IA-623605
Paved · Power at road
7.5Apr 28, 2026$199,20026,59023,7527.9 mi
70
IA-503367
Paved · Power at road
6.3Jun 4, 2025$121,40019,26417,6668.7 mi
65
IA-243371
Gravel · Power at road
6.3Aug 6, 2024$98,40015,56817,4077.9 mi
65
IA-403493
Landlocked · Off grid
6.9Oct 3, 2025$54,5007,88814,65010.2 mi
63
IA-674058
Landlocked · Power at road
10.4Oct 16, 2024$115,90011,14318,8149.1 mi
57
Show adjustment detail for the top comp
  • Tract size (4.01 ac → 3.07 ac)+0.9%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.