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Plymouth County, IA · Sold

IA-806800

6504 County Road 197

$297,500
$3,924/ac · 75.81 ac
Acreage75.81 ac
Price per acre$3,924/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedOct 26, 2023
Coordinates42.7614, -96.3022
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

Plymouth County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

View Plymouth market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
26
Low risk
Wetlands7.4% of tract

Little to no mapped wetland coverage.

Average slope10.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,054 ft away

A long utility run — price in solar/off-grid instead.

Buildable area66.69 of 75.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$343,334
$308,019$378,649 · $4,529/ac on 75.81 ac
Asking vs estimate
-13.3%
Priced below the comp set

Weighted from 7 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 $297,500
Maximum allowable offer
$196,191
$2,588/ac · +30.0% target margin

You need $101,309 off asking to hit this margin.

All-in cost$212,867
Net resale$315,868
Projected profit$103,000
ROI+48.4%
Annualized+69.2%
Break-even resale$3,052/ac
Profit if resale lands off target
-20%
$39,827
-10%
$71,414
0%
$103,000
+10%
$134,587
+20%
$166,174
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-896495
Dirt · Off grid
60.8Jul 27, 2026$273,3004,4974,2913.9 mi
87
IA-197928
Gravel · Power at road
171.6Jul 8, 2026$999,7005,8245,2561.2 mi
75
IA-156254
Gravel · Power at road
51.0Nov 19, 2025$293,1005,7423,9743.0 mi
75
IA-486603
Gravel · Off grid
65.7Mar 4, 2024$369,0005,6145,1572.2 mi
74
IA-707028
Dirt · Full utilities
89.4Oct 3, 2024$466,2005,2134,0729.7 mi
71
IA-255577
Gravel · Power at road
31.3Jul 27, 2026$227,9007,2894,4837.9 mi
70
IA-585253
Paved · Full utilities
24.7Feb 24, 2026$264,20010,6874,4829.1 mi
64
Show adjustment detail for the top comp
  • Tract size (60.78 ac → 75.81 ac)-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.