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Jasper County, IA · Sold

IA-869323

1183 County Road 288

$1,651,400
$3,502/ac · 472 ac
Acreage472 ac
Price per acre$3,502/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedDec 2, 2023
Coordinates41.7411, -93.1123
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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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,617 ft of deeded road frontage.

Power13,102 ft away

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

Buildable area427.34 of 471.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,818,493
$1,545,355$2,091,631 · $3,857/ac on 472 ac
Asking vs estimate
-9.2%
Priced below the comp set

Weighted from 7 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 $1,651,400
Maximum allowable offer
$1,039,139
$2,204/ac · +30.0% target margin

You need $612,261 off asking to hit this margin.

All-in cost$1,127,466
Net resale$1,673,014
Projected profit$545,548
ROI+48.4%
Annualized+69.2%
Break-even resale$2,599/ac
Profit if resale lands off target
-20%
$210,945
-10%
$378,246
0%
$545,548
+10%
$712,849
+20%
$880,151
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-497704
Gravel · Power at road
145.9Jul 27, 2026$874,2005,9904,3072.1 mi
71
IA-928427
Dirt · Off grid
246.4Sep 4, 2025$779,9003,1663,7325.5 mi
70
IA-917680
Dirt · Off grid
143.4Feb 22, 2026$530,4003,6983,6855.9 mi
67
IA-928267
Dirt · Power at road
219.4May 5, 2024$974,9004,4434,5411.0 mi
64
IA-146984
Paved · Off grid
86.6Apr 5, 2025$562,6006,4954,3067.3 mi
63
IA-417226
Dirt · Power at road
103.2Oct 7, 2025$346,0003,3522,6502.1 mi
62
IA-797209
Dirt · Power at road
102.0Feb 2, 2025$464,3004,5553,6885.5 mi
56
Show adjustment detail for the top comp
  • Tract size (145.93 ac → 471.52 ac)-28.5%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%

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.