Iowa County, IA · Sold

IA-623605

2633 County Road 241

$212,100

$28,318/ac · 7.49 ac

Offer report Market this tract

Acreage7.49 ac

Price per acre$28,318/ac

ZoningResidential

Road accessPaved

UtilitiesPower at road

TopographyRolling

ListedJun 23, 2025

Coordinates41.7162, -92.1125

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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

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands1.4% of tract

Little to no mapped wetland coverage.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

487 ft of deeded road frontage.

Power246 ft away

Power at or near the road.

Buildable area7.02 of 7.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$150,313

$124,296 – $176,329 · $20,068/ac on 7.49 ac

Asking vs estimate

+41.1%

Priced above the comp set

Weighted from 10 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 $212,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$85,893

$11,468/ac · +30.0% target margin

You need $126,207 off asking to hit this margin.

All-in cost$93,194

Net resale$138,288

Projected profit$45,094

ROI+48.4%

Annualized+69.2%

Break-even resale$13,524/ac

Profit if resale lands off target

-20%

$17,436

-10%

$31,265

$45,094

+10%

$58,923

+20%

$72,751

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-503367 Paved · Power at road	6.3	Jun 4, 2025	$121,400	19,264	20,026	4.2 mi	84
IA-403493 Landlocked · Off grid	6.9	Oct 3, 2025	$54,500	7,888	16,606	3.3 mi	79
IA-742742 Dirt · Full utilities	4.0	Jul 27, 2026	$50,700	12,654	13,825	2.5 mi	77
IA-243371 Gravel · Power at road	6.3	Aug 6, 2024	$98,400	15,568	19,732	5.9 mi	77
IA-324567 Gravel · Off grid	15.0	Mar 31, 2026	$259,200	17,233	25,771	3.6 mi	77
IA-855205 Gravel · Power at road	23.9	Jul 27, 2026	$419,400	17,571	23,335	4.2 mi	76
IA-674058 Landlocked · Power at road	10.4	Oct 16, 2024	$115,900	11,143	21,327	8.4 mi	68
IA-195204 Gravel · Power at road	23.9	Dec 22, 2025	$303,100	12,703	17,290	3.3 mi	67
IA-455056 Paved · Power at road	21.4	Apr 12, 2024	$420,000	19,598	23,819	1.3 mi	65
IA-302374 Gravel · Power at road	3.1	Apr 5, 2025	$49,500	16,109	19,306	7.9 mi	63

Show adjustment detail for the top comp

Tract size (6.3 ac → 7.49 ac)-1.0%
Market time (14 mo)+5.0%

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.

Build the listing kit Post a deal or JV