Jackson County, IA · Sold

IA-566533

6221 County Road 162

$738,000

$11,812/ac · 62.48 ac

Offer report Market this tract

Acreage62.48 ac

Price per acre$11,812/ac

ZoningAgricultural

Road accessGravel

UtilitiesPower at road

TopographyMixed

ListedOct 10, 2023

Coordinates42.2086, -90.6393

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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

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

4 items to verify before you offer.

Risk index

Low risk

Wetlands14.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power95 ft away

Power at or near the road.

Buildable area50.57 of 62.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$780,337

$582,873 – $977,800 · $12,489/ac on 62.48 ac

Asking vs estimate

-5.4%

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 $738,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$445,907

$7,137/ac · +30.0% target margin

You need $292,093 off asking to hit this margin.

All-in cost$483,809

Net resale$717,910

Projected profit$234,100

ROI+48.4%

Annualized+69.2%

Break-even resale$8,417/ac

Profit if resale lands off target

-20%

$90,519

-10%

$162,310

$234,100

+10%

$305,891

+20%

$377,682

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-406256 Gravel · Off grid	51.1	Apr 13, 2026	$721,900	14,122	16,159	10.2 mi	79
IA-396835 Gravel · Power at road	77.8	Sep 26, 2024	$1,047,300	13,469	15,265	4.5 mi	75
IA-656371 Paved · Full utilities	55.6	Nov 3, 2024	$608,200	10,948	7,973	2.8 mi	74
IA-637406 Landlocked · Off grid	117.6	Jul 27, 2026	$650,400	5,531	11,137	7.7 mi	74
IA-595907 Landlocked · Off grid	39.7	Apr 6, 2025	$325,700	8,204	13,707	2.9 mi	70
IA-997231 Gravel · Off grid	103.6	May 4, 2025	$1,089,300	10,515	14,666	8.6 mi	69
IA-295266 Gravel · Power at road	24.9	Dec 20, 2024	$220,200	8,824	7,988	4.9 mi	66

Show adjustment detail for the top comp

Tract size (51.12 ac → 62.48 ac)-4.1%
Utilities (Off grid → Power at road)+17.6%
Market time (4 mo)+1.4%

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