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Johnson County, IA · Sold

IA-255046

7161 County Road 316

$323,100
$15,183/ac · 21.28 ac
Acreage21.28 ac
Price per acre$15,183/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedNov 2, 2025
Coordinates41.6712, -91.5901
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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands11.7% of tract

Little to no mapped wetland coverage.

Average slope10.0%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

548 ft of deeded road frontage.

Power173 ft away

Power at or near the road.

Buildable area17.85 of 21.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$294,257
$251,543$336,971 · $13,828/ac on 21.28 ac
Asking vs estimate
+9.8%
Priced above the comp set

Weighted from 5 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 $323,100
Maximum allowable offer
$168,147
$7,902/ac · +30.0% target margin

You need $154,953 off asking to hit this margin.

All-in cost$182,439
Net resale$270,716
Projected profit$88,277
ROI+48.4%
Annualized+69.2%
Break-even resale$9,319/ac
Profit if resale lands off target
-20%
$34,133
-10%
$61,205
0%
$88,277
+10%
$115,348
+20%
$142,420
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-935839
Dirt · Off grid
37.8Nov 19, 2025$342,3009,05812,0146.1 mi
72
IA-983704
Paved · Full utilities
8.1Jul 27, 2026$165,50020,56211,1897.2 mi
70
IA-325506
Landlocked · Off grid
29.7Jul 1, 2024$249,5008,40414,2984.1 mi
69
IA-764347
Dirt · Off grid
12.8Oct 22, 2024$177,80013,87016,5765.9 mi
68
IA-454419
Gravel · Power at road
13.5Aug 1, 2024$232,90017,24215,2746.3 mi
67
Show adjustment detail for the top comp
  • Tract size (37.79 ac → 21.28 ac)+9.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (9 mo)+3.1%

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.