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Johnson County, IA · Sold

IA-340179

2085 County Road 38

$8,600
$13,651/ac · 0.63 ac
Acreage0.63 ac
Price per acre$13,651/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedOct 31, 2023
Coordinates41.7104, -91.5589
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
2
Low risk
Wetlands1.8% of tract

Little to no mapped wetland coverage.

Average slope4.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

60 ft of deeded road frontage.

Power161 ft away

Power at or near the road.

Buildable area0.59 of 0.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,597
$6,951$10,242 · $13,646/ac on 0.63 ac
Asking vs estimate
+0.0%
In line with 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 $8,600
Maximum allowable offer
$4,912
$7,797/ac · +30.0% target margin

You need $3,688 off asking to hit this margin.

All-in cost$5,330
Net resale$7,909
Projected profit$2,579
ROI+48.4%
Annualized+69.3%
Break-even resale$9,195/ac
Profit if resale lands off target
-20%
$998
-10%
$1,789
0%
$2,579
+10%
$3,370
+20%
$4,161
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-570488
Dirt · Off grid
0.8Jun 23, 2025$8,80011,29413,9492.4 mi
83
IA-791896
Gravel · Full utilities
2.2Sep 6, 2024$37,10017,09913,2423.8 mi
58
IA-303276
Gravel · Full utilities
5.9Dec 10, 2025$102,60017,39413,2696.2 mi
56
IA-772626
Gravel · Off grid
3.7Dec 12, 2024$32,8008,8889,9232.3 mi
56
IA-472618
Gravel · Full utilities
3.7Aug 20, 2024$57,80015,79712,4352.9 mi
54
IA-663247
Landlocked · Off grid
5.8Apr 25, 2024$64,20011,11319,0645.0 mi
54
Show adjustment detail for the top comp
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (14 mo)+4.8%

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.