← New search
Jasper County, IA · Sold

IA-411435

4720 County Road 389

$9,500
$6,090/ac · 1.56 ac
Acreage1.56 ac
Price per acre$6,090/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedJan 24, 2024
Coordinates41.7683, -93.1111
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

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

6 items to verify before you offer.

Risk index
53
Moderate risk
Wetlands15.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.9%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power10,624 ft away

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

Buildable area1.26 of 1.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,963
$5,993$9,932 · $5,104/ac on 1.56 ac
Asking vs estimate
+19.3%
Priced above 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 $9,500
Maximum allowable offer
$4,550
$2,917/ac · +30.0% target margin

You need $4,950 off asking to hit this margin.

All-in cost$4,937
Net resale$7,326
Projected profit$2,389
ROI+48.4%
Annualized+69.3%
Break-even resale$3,440/ac
Profit if resale lands off target
-20%
$924
-10%
$1,656
0%
$2,389
+10%
$3,122
+20%
$3,854
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-221865
Gravel · Full utilities
2.1Aug 5, 2025$16,7007,8933,9239.2 mi
75
IA-322164
Paved · Power at road
2.6Feb 10, 2026$19,4007,3333,7085.4 mi
73
IA-642757
Gravel · Power at road
4.0Jul 17, 2026$34,9008,6065,1142.5 mi
73
IA-540124
Paved · Off grid
0.6Dec 18, 2025$6,40010,6596,2506.7 mi
68
IA-553168
Paved · Full utilities
5.5Oct 23, 2024$85,60015,6867,03510.9 mi
58
Show adjustment detail for the top comp
  • Tract size (2.12 ac → 1.56 ac)+0.6%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (12 mo)+4.3%

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.