Jackson County, IA · Sold

IA-406256

2167 County Road 370

$700,200

$13,697/ac · 51.12 ac

Offer report Market this tract

Acreage51.12 ac

Price per acre$13,697/ac

ZoningResidential

Road accessGravel

UtilitiesOff grid

TopographyRolling

ListedJul 14, 2025

Coordinates42.0794, -90.5420

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands10.4% of tract

Little to no mapped wetland coverage.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,225 ft of deeded road frontage.

Power9,238 ft away

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

Buildable area43.51 of 51.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$528,040

$406,808 – $649,272 · $10,329/ac on 51.12 ac

Asking vs estimate

+32.6%

Priced above the comp set

Weighted from 8 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 $700,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$301,737

$5,903/ac · +30.0% target margin

You need $398,463 off asking to hit this margin.

All-in cost$327,385

Net resale$485,797

Projected profit$158,412

ROI+48.4%

Annualized+69.2%

Break-even resale$6,961/ac

Profit if resale lands off target

-20%

$61,253

-10%

$109,832

$158,412

+10%

$206,992

+20%

$255,571

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-637406 Landlocked · Off grid	117.6	Jul 27, 2026	$650,400	5,531	9,872	2.8 mi	81
IA-396835 Gravel · Power at road	77.8	Sep 26, 2024	$1,047,300	13,469	13,531	7.5 mi	72
IA-566533 Gravel · Power at road	62.5	Oct 6, 2024	$732,100	11,717	11,197	10.2 mi	70
IA-656371 Paved · Full utilities	55.6	Nov 3, 2024	$608,200	10,948	7,067	10.0 mi	70
IA-514798 Dirt · Full utilities	17.8	Jul 27, 2026	$221,400	12,450	8,533	6.3 mi	70
IA-595907 Landlocked · Off grid	39.7	Apr 6, 2025	$325,700	8,204	12,150	13.0 mi	69
IA-997231 Gravel · Off grid	103.6	May 4, 2025	$1,089,300	10,515	13,000	8.6 mi	68
IA-295266 Gravel · Power at road	24.9	Dec 20, 2024	$220,200	8,824	7,081	8.0 mi	64

Show adjustment detail for the top comp

Tract size (117.59 ac → 51.12 ac)+21.1%
Access (Landlocked → Gravel)+47.1%

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