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Jasper County, IA · Sold

IA-221865

8338 County Road 108

$16,600
$7,830/ac · 2.12 ac
Acreage2.12 ac
Price per acre$7,830/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedSep 18, 2024
Coordinates41.7224, -92.9431
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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

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands16.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope11.1%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

200 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.68 of 2.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$24,669
$19,510$29,829 · $11,636/ac on 2.12 ac
Asking vs estimate
-32.7%
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 $16,600
Maximum allowable offer
$14,097
$6,649/ac · +30.0% target margin

You need $2,503 off asking to hit this margin.

All-in cost$15,295
Net resale$22,696
Projected profit$7,401
ROI+48.4%
Annualized+69.2%
Break-even resale$7,842/ac
Profit if resale lands off target
-20%
$2,861
-10%
$5,131
0%
$7,401
+10%
$9,670
+20%
$11,940
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-322164
Paved · Power at road
2.6Feb 10, 2026$19,4007,3337,7844.1 mi
79
IA-642757
Gravel · Power at road
4.0Jul 17, 2026$34,9008,60610,7338.0 mi
76
IA-411435
Landlocked · Off grid
1.6Dec 23, 2024$8,9005,70612,8049.2 mi
72
IA-553168
Paved · Full utilities
5.5Oct 23, 2024$85,60015,68614,76511.7 mi
63
IA-540124
Paved · Off grid
0.6Dec 18, 2025$6,40010,65913,1198.0 mi
62
Show adjustment detail for the top comp
  • Tract size (2.64 ac → 2.12 ac)+0.5%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (6 mo)+2.1%

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.