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Iowa County, IA · Sold

IA-616506

3355 County Road 172

$997,000
$16,272/ac · 61.27 ac
Acreage61.27 ac
Price per acre$16,272/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedJan 6, 2024
Coordinates41.7522, -92.1036
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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

2 items to verify before you offer.

Risk index
15
Low risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope14.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,949 ft of deeded road frontage.

Power92 ft away

Power at or near the road.

Buildable area45.73 of 61.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$846,486
$674,026$1,018,946 · $13,816/ac on 61.27 ac
Asking vs estimate
+17.8%
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 $997,000
Maximum allowable offer
$483,706
$7,895/ac · +30.0% target margin

You need $513,294 off asking to hit this margin.

All-in cost$524,821
Net resale$778,767
Projected profit$253,946
ROI+48.4%
Annualized+69.3%
Break-even resale$9,311/ac
Profit if resale lands off target
-20%
$98,193
-10%
$176,070
0%
$253,946
+10%
$331,823
+20%
$409,700
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-855763
Gravel · Off grid
35.8Jul 24, 2026$347,0009,70112,1588.8 mi
74
IA-855205
Gravel · Power at road
23.9Jul 27, 2026$419,40017,57117,5546.4 mi
73
IA-195204
Gravel · Power at road
23.9Dec 22, 2025$303,10012,70313,0061.8 mi
71
IA-236147
Paved · Off grid
47.2May 20, 2024$414,3008,77110,7037.9 mi
70
IA-605759
Dirt · Full utilities
35.7Apr 29, 2025$391,90010,98911,7296.8 mi
66
IA-455056
Paved · Power at road
21.4Apr 12, 2024$420,00019,59817,9171.4 mi
65
Show adjustment detail for the top comp
  • Tract size (35.77 ac → 61.27 ac)-10.0%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Power at road)+17.6%

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.