← New search
Johnson County, IA · Sold

IA-570488

8957 County Road 208

$10,500
$13,462/ac · 0.78 ac
Acreage0.78 ac
Price per acre$13,462/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedMay 14, 2025
Coordinates41.6892, -91.5957
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

1 item to verify before you offer.

Risk index
5
Low risk
Wetlands0.6% of tract

Little to no mapped wetland coverage.

Average slope5.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

107 ft of deeded road frontage.

Power3,652 ft away

Service extension needed; get a utility quote.

Buildable area0.74 of 0.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,153
$7,365$10,941 · $11,735/ac on 0.78 ac
Asking vs estimate
+14.7%
Priced above the comp set

Weighted from 6 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 $10,500
Maximum allowable offer
$5,230
$6,706/ac · +30.0% target margin

You need $5,270 off asking to hit this margin.

All-in cost$5,675
Net resale$8,421
Projected profit$2,746
ROI+48.4%
Annualized+69.3%
Break-even resale$7,908/ac
Profit if resale lands off target
-20%
$1,062
-10%
$1,904
0%
$2,746
+10%
$3,588
+20%
$4,430
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-340179
Dirt · Power at road
0.6Dec 19, 2024$8,80013,92412,6392.4 mi
81
IA-772626
Gravel · Off grid
3.7Dec 12, 2024$32,8008,8888,4210.1 mi
61
IA-791896
Gravel · Full utilities
2.2Sep 6, 2024$37,10017,09911,2383.6 mi
60
IA-303276
Gravel · Full utilities
5.9Dec 10, 2025$102,60017,39411,2613.9 mi
59
IA-663247
Landlocked · Off grid
5.8Apr 25, 2024$64,20011,11316,1795.3 mi
57
IA-472618
Gravel · Full utilities
3.7Aug 20, 2024$57,80015,79710,5532.1 mi
56
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (20 mo)+7.0%

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.