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Iowa County, IA · Sold

IA-236147

7028 County Road 351

$492,100
$10,417/ac · 47.24 ac
Acreage47.24 ac
Price per acre$10,417/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedNov 27, 2023
Coordinates41.6981, -91.9688
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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
30
Low risk
Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope27.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,163 ft of deeded road frontage.

Power5,080 ft away

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

Buildable area27.61 of 47.24 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$648,873
$527,432$770,313 · $13,736/ac on 47.24 ac
Asking vs estimate
-24.2%
Priced below the comp set

Weighted from 7 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 $492,100
Maximum allowable offer
$370,784
$7,849/ac · +30.0% target margin

You need $121,316 off asking to hit this margin.

All-in cost$402,301
Net resale$596,963
Projected profit$194,662
ROI+48.4%
Annualized+69.3%
Break-even resale$9,257/ac
Profit if resale lands off target
-20%
$75,270
-10%
$134,966
0%
$194,662
+10%
$254,358
+20%
$314,055
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-855763
Gravel · Off grid
35.8Jul 24, 2026$347,0009,70110,9010.9 mi
86
IA-855205
Gravel · Power at road
23.9Jul 27, 2026$419,40017,57115,7396.1 mi
74
IA-616506
Paved · Power at road
61.3Jan 29, 2025$937,20015,29614,6047.9 mi
72
IA-605759
Dirt · Full utilities
35.7Apr 29, 2025$391,90010,98910,5174.8 mi
72
IA-324567
Gravel · Off grid
15.0Mar 31, 2026$259,20017,23317,3826.2 mi
68
IA-195204
Gravel · Power at road
23.9Dec 22, 2025$303,10012,70311,6629.7 mi
67
IA-455056
Paved · Power at road
21.4Apr 12, 2024$420,00019,59816,0658.1 mi
66
Show adjustment detail for the top comp
  • Tract size (35.77 ac → 47.24 ac)-5.0%
  • Access (Gravel → Paved)+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.