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Plymouth County, IA · Sold

IA-629502

8447 County Road 196

$1,385,800
$2,582/ac · 537 ac
Acreage537 ac
Price per acre$2,582/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedJan 31, 2024
Coordinates42.8236, -96.1896
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

2 items to verify before you offer.

Risk index
11
Low risk
Wetlands0.2% of tract

Little to no mapped wetland coverage.

Average slope4.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power2,196 ft away

Service extension needed; get a utility quote.

Buildable area508.94 of 536.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,457,552
$1,216,056$1,699,047 · $2,715/ac on 537 ac
Asking vs estimate
-4.9%
In line with 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 $1,385,800
Maximum allowable offer
$832,887
$1,552/ac · +30.0% target margin

You need $552,913 off asking to hit this margin.

All-in cost$903,682
Net resale$1,340,947
Projected profit$437,265
ROI+48.4%
Annualized+69.2%
Break-even resale$1,830/ac
Profit if resale lands off target
-20%
$169,076
-10%
$303,170
0%
$437,265
+10%
$571,360
+20%
$705,455
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-759469
Dirt · Off grid
524.1Aug 29, 2024$1,220,0002,3282,5015.7 mi
78
IA-679104
Gravel · Power at road
402.3Dec 29, 2025$1,318,3003,2772,2546.9 mi
74
IA-197928
Gravel · Power at road
171.6Jul 8, 2026$999,7005,8243,0726.1 mi
68
IA-128548
Gravel · Full utilities
268.9Aug 29, 2025$1,285,2004,7792,4286.6 mi
67
IA-558538
Landlocked · Power at road
267.0May 1, 2024$977,4003,6603,50811.6 mi
58
Show adjustment detail for the top comp
  • Tract size (524.12 ac → 536.8 ac)-0.7%
  • Market time (24 mo)+8.2%

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.