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Jasper County, IA · Sold

IA-497704

994 County Road 92

$876,800
$6,008/ac · 146 ac
Acreage146 ac
Price per acre$6,008/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedSep 7, 2025
Coordinates41.7717, -93.1084
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

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands3.0% of tract

Little to no mapped wetland coverage.

Average slope6.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,015 ft of deeded road frontage.

Power29 ft away

Power at or near the road.

Buildable area134.47 of 145.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$745,603
$635,851$855,356 · $5,109/ac on 146 ac
Asking vs estimate
+17.6%
Priced above 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 $876,800
Maximum allowable offer
$426,059
$2,920/ac · +30.0% target margin

You need $450,741 off asking to hit this margin.

All-in cost$462,274
Net resale$685,955
Projected profit$223,681
ROI+48.4%
Annualized+69.2%
Break-even resale$3,443/ac
Profit if resale lands off target
-20%
$86,490
-10%
$155,086
0%
$223,681
+10%
$292,277
+20%
$360,872
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-917680
Dirt · Off grid
143.4Feb 22, 2026$530,4003,6985,1375.3 mi
82
IA-417226
Dirt · Power at road
103.2Oct 7, 2025$346,0003,3523,6942.9 mi
77
IA-576771
Dirt · Off grid
74.2Jul 27, 2026$289,6003,9014,52311.8 mi
75
IA-146436
Paved · Off grid
58.2Jul 27, 2026$338,6005,8144,6586.8 mi
75
IA-797209
Dirt · Power at road
102.0Feb 2, 2025$464,3004,5555,1417.7 mi
74
IA-536579
Paved · Power at road
64.6Jul 27, 2026$446,9006,9174,81711.8 mi
71
IA-928267
Dirt · Power at road
219.4May 5, 2024$974,9004,4436,3301.3 mi
70
IA-928427
Dirt · Off grid
246.4Sep 4, 2025$779,9003,1665,2036.6 mi
69
IA-146984
Paved · Off grid
86.6Apr 5, 2025$562,6006,4956,0028.4 mi
65
IA-916392
Dirt · Full utilities
56.4May 25, 2024$407,8007,2306,0024.8 mi
59
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (6 mo)+2.0%

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.