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Johnson County, IA · Sold

IA-454419

5520 County Road 19

$276,000
$20,429/ac · 13.51 ac
Acreage13.51 ac
Price per acre$20,429/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedApr 5, 2024
Coordinates41.6133, -91.4969
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

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

View Johnson market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands0.4% of tract

Little to no mapped wetland coverage.

Average slope9.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

380 ft of deeded road frontage.

Power185 ft away

Power at or near the road.

Buildable area12.78 of 13.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$229,381
$193,023$265,738 · $16,979/ac on 13.51 ac
Asking vs estimate
+20.3%
Priced above 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 $276,000
Maximum allowable offer
$131,075
$9,702/ac · +30.0% target margin

You need $144,925 off asking to hit this margin.

All-in cost$142,216
Net resale$211,030
Projected profit$68,814
ROI+48.4%
Annualized+69.2%
Break-even resale$11,442/ac
Profit if resale lands off target
-20%
$26,608
-10%
$47,711
0%
$68,814
+10%
$89,917
+20%
$111,020
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-983704
Paved · Full utilities
8.1Jul 27, 2026$165,50020,56213,7130.9 mi
80
IA-255046
Dirt · Power at road
21.3Apr 11, 2026$322,80015,16818,8596.3 mi
76
IA-764347
Dirt · Off grid
12.8Oct 22, 2024$177,80013,87020,3168.6 mi
76
IA-303276
Gravel · Full utilities
5.9Dec 10, 2025$102,60017,39413,7908.2 mi
68
IA-663247
Landlocked · Off grid
5.8Apr 25, 2024$64,20011,11319,8122.5 mi
66
IA-935839
Dirt · Off grid
37.8Nov 19, 2025$342,3009,05814,72411.8 mi
61
IA-325506
Landlocked · Off grid
29.7Jul 1, 2024$249,5008,40417,5249.1 mi
58
Show adjustment detail for the top comp
  • Tract size (8.05 ac → 13.51 ac)-4.2%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.