← New search
Jackson County, IA · Sold

IA-353279

5485 County Road 232

$62,000
$10,473/ac · 5.92 ac
Acreage5.92 ac
Price per acre$10,473/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedJun 25, 2024
Coordinates42.2180, -90.5919
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
19
Low risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope17.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

197 ft of deeded road frontage.

Power5,234 ft away

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

Buildable area4.66 of 5.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$65,283
$56,223$74,344 · $11,028/ac on 5.92 ac
Asking vs estimate
-5.0%
Priced below the comp set

Weighted from 5 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 $62,000
Maximum allowable offer
$37,305
$6,301/ac · +30.0% target margin

You need $24,695 off asking to hit this margin.

All-in cost$40,476
Net resale$60,061
Projected profit$19,585
ROI+48.4%
Annualized+69.2%
Break-even resale$7,432/ac
Profit if resale lands off target
-20%
$7,573
-10%
$13,579
0%
$19,585
+10%
$25,591
+20%
$31,597
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-214202
Gravel · Off grid
11.5Jul 27, 2026$100,0008,6639,0962.6 mi
81
IA-503571
Dirt · Full utilities
7.3Jul 27, 2026$92,90012,71210,4478.4 mi
80
IA-514798
Dirt · Full utilities
17.8Jul 27, 2026$221,40012,45011,0753.9 mi
75
IA-452316
Gravel · Power at road
2.9Jun 2, 2024$36,90012,54811,3357.0 mi
63
IA-771713
Paved · Off grid
1.9Aug 25, 2025$31,00016,34113,8776.5 mi
63
Show adjustment detail for the top comp
  • Tract size (11.54 ac → 5.92 ac)+4.8%

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.