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Jackson County, IA · Sold

IA-637406

4786 County Road 246

$630,200
$5,359/ac · 118 ac
Acreage118 ac
Price per acre$5,359/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedJul 11, 2025
Coordinates42.1190, -90.5506
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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
44
Moderate risk
Wetlands9.5% of tract

Little to no mapped wetland coverage.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power9,378 ft away

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

Buildable area101.10 of 117.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$796,511
$644,204$948,818 · $6,774/ac on 118 ac
Asking vs estimate
-20.9%
Priced below the comp set

Weighted from 6 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 $630,200
Maximum allowable offer
$455,149
$3,871/ac · +30.0% target margin

You need $175,051 off asking to hit this margin.

All-in cost$493,837
Net resale$732,790
Projected profit$238,953
ROI+48.4%
Annualized+69.2%
Break-even resale$4,565/ac
Profit if resale lands off target
-20%
$92,395
-10%
$165,674
0%
$238,953
+10%
$312,232
+20%
$385,511
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-406256
Gravel · Off grid
51.1Apr 13, 2026$721,90014,1228,0422.8 mi
78
IA-997231
Gravel · Off grid
103.6May 4, 2025$1,089,30010,5157,2996.5 mi
75
IA-396835
Gravel · Power at road
77.8Sep 26, 2024$1,047,30013,4697,5974.7 mi
72
IA-566533
Gravel · Power at road
62.5Oct 6, 2024$732,10011,7176,2877.7 mi
62
IA-595907
Landlocked · Off grid
39.7Apr 6, 2025$325,7008,2046,82210.3 mi
62
IA-656371
Paved · Full utilities
55.6Nov 3, 2024$608,20010,9483,9687.9 mi
61
Show adjustment detail for the top comp
  • Tract size (51.12 ac → 117.59 ac)-17.4%
  • Access (Gravel → Landlocked)-32.0%
  • 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.