Jasper County, IA · Sold

IA-797209

1845 County Road 156

$500,900

$4,913/ac · 102 ac

Offer report Market this tract

Acreage102 ac

Price per acre$4,913/ac

ZoningUnzoned

Road accessDirt

UtilitiesPower at road

TopographyFlat

ListedMay 25, 2024

Coordinates41.6625, -93.1339

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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

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

View Jasper market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands36.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,709 ft of deeded road frontage.

Power234 ft away

Power at or near the road.

Buildable area61.21 of 101.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$498,687

$421,485 – $575,890 · $4,891/ac on 102 ac

Asking vs estimate

+0.4%

In line with the comp set

Weighted from 10 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 $500,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$284,964

$2,795/ac · +30.0% target margin

You need $215,936 off asking to hit this margin.

All-in cost$309,186

Net resale$458,792

Projected profit$149,606

ROI+48.4%

Annualized+69.2%

Break-even resale$3,296/ac

Profit if resale lands off target

-20%

$57,848

-10%

$103,727

$149,606

+10%

$195,486

+20%

$241,365

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-576771 Dirt · Off grid	74.2	Jul 27, 2026	$289,600	3,901	4,265	5.6 mi	88
IA-497704 Gravel · Power at road	145.9	Jul 27, 2026	$874,200	5,990	5,661	7.7 mi	84
IA-417226 Dirt · Power at road	103.2	Oct 7, 2025	$346,000	3,352	3,483	6.2 mi	83
IA-536579 Paved · Power at road	64.6	Jul 27, 2026	$446,900	6,917	4,542	4.1 mi	80
IA-146436 Paved · Off grid	58.2	Jul 27, 2026	$338,600	5,814	4,392	10.3 mi	78
IA-917680 Dirt · Off grid	143.4	Feb 22, 2026	$530,400	3,698	4,844	10.0 mi	75
IA-146984 Paved · Off grid	86.6	Apr 5, 2025	$562,600	6,495	5,660	7.4 mi	72
IA-916392 Dirt · Full utilities	56.4	May 25, 2024	$407,800	7,230	5,659	2.9 mi	68
IA-928427 Dirt · Off grid	246.4	Sep 4, 2025	$779,900	3,166	4,906	6.6 mi	67
IA-928267 Dirt · Power at road	219.4	May 5, 2024	$974,900	4,443	5,969	6.5 mi	64

Show adjustment detail for the top comp

Tract size (74.23 ac → 101.95 ac)-7.3%
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.

Build the listing kit Post a deal or JV