Poweshiek County, IA · Sold

IA-795094

7589 County Road 128

$311,500

$14,140/ac · 22.03 ac

Offer report Market this tract

Acreage22.03 ac

Price per acre$14,140/ac

ZoningUnzoned

Road accessGravel

UtilitiesFull utilities

TopographySloped

ListedFeb 28, 2024

Coordinates41.6609, -92.4628

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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

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

1 item to verify before you offer.

Risk index

Low risk

Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope11.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

971 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area20.38 of 22.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$426,889

$307,360 – $546,418 · $19,378/ac on 22.03 ac

Asking vs estimate

-27.0%

Priced below the comp set

Weighted from 8 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 $311,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$243,937

$11,073/ac · +30.0% target margin

You need $67,563 off asking to hit this margin.

All-in cost$264,672

Net resale$392,738

Projected profit$128,066

ROI+48.4%

Annualized+69.2%

Break-even resale$13,059/ac

Profit if resale lands off target

-20%

$49,519

-10%

$88,793

$128,066

+10%

$167,340

+20%

$206,614

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-904821 Dirt · Full utilities	18.1	Jul 27, 2026	$279,900	15,480	17,589	2.9 mi	90
IA-835214 Landlocked · Off grid	24.0	Jul 27, 2026	$124,700	5,189	11,110	6.9 mi	84
IA-485561 Dirt · Power at road	30.9	Apr 12, 2026	$354,500	11,474	17,364	7.0 mi	76
IA-775876 Gravel · Off grid	38.8	Mar 19, 2026	$345,400	8,897	14,206	7.7 mi	74
IA-276233 Dirt · Off grid	50.3	Jul 27, 2026	$608,400	12,102	23,255	6.6 mi	72
IA-815502 Gravel · Power at road	29.6	Jul 4, 2024	$493,800	16,683	23,148	7.2 mi	69
IA-204070 Gravel · Off grid	10.5	Aug 16, 2024	$214,300	20,428	29,331	1.0 mi	68
IA-956732 Gravel · Off grid	72.2	Dec 16, 2024	$836,200	11,587	22,082	2.4 mi	63

Show adjustment detail for the top comp

Tract size (18.08 ac → 22.03 ac)-2.5%
Access (Dirt → Gravel)+16.3%

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.

Build the listing kit Post a deal or JV