Poweshiek County, IA · Sold

IA-485561

8824 County Road 215

$329,500

$10,663/ac · 30.90 ac

Offer report Market this tract

Acreage30.90 ac

Price per acre$10,663/ac

ZoningResidential

Road accessDirt

UtilitiesPower at road

TopographyMixed

ListedAug 30, 2025

Coordinates41.7164, -92.5767

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County GIS boundary

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County market

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

View Poweshiek market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands11.6% of tract

Little to no mapped wetland coverage.

Average slope7.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,111 ft of deeded road frontage.

Power68 ft away

Power at or near the road.

Buildable area25.95 of 30.90 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$398,809

$290,325 – $507,292 · $12,906/ac on 30.90 ac

Asking vs estimate

-17.4%

Priced below the comp set

Weighted from 9 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 $329,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$227,891

$7,375/ac · +30.0% target margin

You need $101,609 off asking to hit this margin.

All-in cost$247,262

Net resale$366,904

Projected profit$119,642

ROI+48.4%

Annualized+69.2%

Break-even resale$8,698/ac

Profit if resale lands off target

-20%

$46,261

-10%

$82,952

$119,642

+10%

$156,333

+20%

$193,023

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-276233 Dirt · Off grid	50.3	Jul 27, 2026	$608,400	12,102	15,588	4.1 mi	81
IA-835214 Landlocked · Off grid	24.0	Jul 27, 2026	$124,700	5,189	7,447	7.2 mi	80
IA-815502 Gravel · Power at road	29.6	Jul 4, 2024	$493,800	16,683	15,516	7.0 mi	79
IA-904821 Dirt · Full utilities	18.1	Jul 27, 2026	$279,900	15,480	11,790	6.9 mi	78
IA-775876 Gravel · Off grid	38.8	Mar 19, 2026	$345,400	8,897	9,522	8.2 mi	77
IA-795094 Gravel · Full utilities	22.0	Dec 10, 2024	$310,900	14,112	10,126	7.0 mi	68
IA-226911 Gravel · Power at road	82.2	Jun 14, 2025	$989,000	12,038	13,206	2.1 mi	67
IA-204070 Gravel · Off grid	10.5	Aug 16, 2024	$214,300	20,428	19,660	7.0 mi	61
IA-956732 Gravel · Off grid	72.2	Dec 16, 2024	$836,200	11,587	14,801	7.5 mi	60

Show adjustment detail for the top comp

Tract size (50.27 ac → 30.9 ac)+9.2%
Utilities (Off grid → Power at road)+17.6%

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.

Build the listing kit Post a deal or JV