← New search
Iowa County, IA · Sold

IA-178794

9466 County Road 62

$2,668,400
$8,302/ac · 321 ac
Acreage321 ac
Price per acre$8,302/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedSep 30, 2025
Coordinates41.6068, -92.0414
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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope16.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,350 ft of deeded road frontage.

Power1,090 ft away

Service extension needed; get a utility quote.

Buildable area240.17 of 321.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,914,712
$1,643,146$2,186,278 · $5,957/ac on 321 ac
Asking vs estimate
+39.4%
Priced above 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 $2,668,400
Maximum allowable offer
$1,094,121
$3,404/ac · +30.0% target margin

You need $1,574,279 off asking to hit this margin.

All-in cost$1,187,121
Net resale$1,761,535
Projected profit$574,414
ROI+48.4%
Annualized+69.2%
Break-even resale$4,015/ac
Profit if resale lands off target
-20%
$222,107
-10%
$398,261
0%
$574,414
+10%
$750,568
+20%
$926,721
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-608257
Landlocked · Power at road
217.8Jul 27, 2026$1,284,4005,8966,6059.2 mi
81
IA-318482
Dirt · Off grid
256.4Jul 27, 2026$1,255,6004,8975,34510.9 mi
81
IA-855763
Gravel · Off grid
35.8Jul 24, 2026$347,0009,7015,6897.5 mi
66
IA-616506
Paved · Power at road
61.3Jan 29, 2025$937,20015,2967,62110.5 mi
52
IA-236147
Paved · Off grid
47.2May 20, 2024$414,3008,7715,0087.3 mi
52
IA-605759
Dirt · Full utilities
35.7Apr 29, 2025$391,90010,9895,48811.7 mi
49
Show adjustment detail for the top comp
  • Tract size (217.83 ac → 321.42 ac)-10.6%
  • Access (Landlocked → Gravel)+47.1%
  • 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.