← New search
Jackson County, IA · Sold

IA-396835

509 County Road 64

$1,168,900
$15,032/ac · 77.76 ac
Acreage77.76 ac
Price per acre$15,032/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedMay 29, 2024
Coordinates42.1873, -90.5563
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

Jackson County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

View Jackson market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands34.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

954 ft of deeded road frontage.

Power223 ft away

Power at or near the road.

Buildable area48.16 of 77.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$902,787
$687,452$1,118,122 · $11,610/ac on 77.76 ac
Asking vs estimate
+29.5%
Priced above 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 $1,168,900
Maximum allowable offer
$515,878
$6,634/ac · +30.0% target margin

You need $653,022 off asking to hit this margin.

All-in cost$559,728
Net resale$830,564
Projected profit$270,837
ROI+48.4%
Annualized+69.2%
Break-even resale$7,824/ac
Profit if resale lands off target
-20%
$104,724
-10%
$187,780
0%
$270,837
+10%
$353,893
+20%
$436,949
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-637406
Landlocked · Off grid
117.6Jul 27, 2026$650,4005,53110,6064.7 mi
83
IA-406256
Gravel · Off grid
51.1Apr 13, 2026$721,90014,12215,3887.5 mi
81
IA-566533
Gravel · Power at road
62.5Oct 6, 2024$732,10011,71712,0294.5 mi
75
IA-997231
Gravel · Off grid
103.6May 4, 2025$1,089,30010,51513,9664.3 mi
75
IA-656371
Paved · Full utilities
55.6Nov 3, 2024$608,20010,9487,5926.4 mi
68
IA-595907
Landlocked · Off grid
39.7Apr 6, 2025$325,7008,20413,0526.3 mi
64
IA-295266
Gravel · Power at road
24.9Dec 20, 2024$220,2008,8247,6076.7 mi
62
Show adjustment detail for the top comp
  • Tract size (117.59 ac → 77.76 ac)+10.6%
  • Access (Landlocked → Gravel)+47.1%
  • 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.