IA-829328
5764 County Road 378
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Johnson County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.
View Johnson market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
No legal access of record — resale is severely limited.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 9 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $840,443 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IA-209259 Dirt · Off grid | 450.2 | Jul 27, 2026 | $2,410,600 | 5,355 | 4,918 | 3.1 mi | 91 |
| IA-659228 Landlocked · Power at road | 440.2 | Mar 4, 2025 | $2,249,600 | 5,111 | 5,306 | 3.1 mi | 85 |
| IA-989077 Dirt · Full utilities | 394.6 | Feb 9, 2026 | $3,590,900 | 9,101 | 5,707 | 7.6 mi | 81 |
| IA-357660 Dirt · Power at road | 141.3 | Jan 29, 2026 | $1,474,700 | 10,433 | 5,977 | 1.7 mi | 69 |
| IA-358480 Dirt · Power at road | 256.0 | Jun 12, 2024 | $1,535,300 | 5,997 | 4,319 | 0.9 mi | 68 |
| IA-587778 Landlocked · Off grid | 154.0 | Dec 10, 2025 | $626,000 | 4,066 | 3,565 | 8.8 mi | 65 |
| IA-238291 Dirt · Full utilities | 223.3 | Apr 23, 2025 | $2,269,000 | 10,163 | 5,579 | 8.3 mi | 63 |
| IA-197711 Paved · Power at road | 146.7 | Dec 28, 2024 | $1,991,200 | 13,576 | 5,980 | 5.3 mi | 60 |
| IA-217709 Gravel · Power at road | 146.5 | Mar 27, 2025 | $1,413,700 | 9,653 | 4,967 | 8.9 mi | 59 |
Show adjustment detail for the top comp
- Tract size (450.16 ac → 473.23 ac)-1.5%
- Access (Dirt → Landlocked)-20.9%
- Utilities (Off grid → Power at road)+17.6%
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.