IA-663247
7617 County Road 238
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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?
2 items to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
No legal access of record — resale is severely limited.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 7 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 $33,643 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IA-983704 Paved · Full utilities | 8.1 | Jul 27, 2026 | $165,500 | 20,562 | 8,438 | 3.3 mi | 82 |
| IA-303276 Gravel · Full utilities | 5.9 | Dec 10, 2025 | $102,600 | 17,394 | 8,485 | 7.2 mi | 79 |
| IA-772626 Gravel · Off grid | 3.7 | Dec 12, 2024 | $32,800 | 8,888 | 6,346 | 5.3 mi | 69 |
| IA-764347 Dirt · Off grid | 12.8 | Oct 22, 2024 | $177,800 | 13,870 | 12,501 | 6.1 mi | 68 |
| IA-454419 Gravel · Power at road | 13.5 | Aug 1, 2024 | $232,900 | 17,242 | 11,519 | 2.5 mi | 67 |
| IA-472618 Gravel · Full utilities | 3.7 | Aug 20, 2024 | $57,800 | 15,797 | 7,952 | 7.2 mi | 65 |
| IA-791896 Gravel · Full utilities | 2.2 | Sep 6, 2024 | $37,100 | 17,099 | 8,468 | 1.8 mi | 62 |
Show adjustment detail for the top comp
- Tract size (8.05 ac → 5.78 ac)+2.0%
- Access (Paved → Landlocked)-42.4%
- Utilities (Full utilities → Off grid)-30.3%
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.