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Poweshiek County, IA · Sold

IA-835214

5400 County Road 99

$141,700
$5,897/ac · 24.03 ac
Acreage24.03 ac
Price per acre$5,897/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedMay 27, 2026
Coordinates41.6128, -92.5801
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

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

4 items to verify before you offer.

Risk index
50
Moderate risk
Wetlands4.1% of tract

Little to no mapped wetland coverage.

Average slope23.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power3,778 ft away

Service extension needed; get a utility quote.

Buildable area13.83 of 24.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$224,223
$174,381$274,064 · $9,331/ac on 24.03 ac
Asking vs estimate
-36.8%
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 $141,700
Maximum allowable offer
$128,127
$5,332/ac · +30.0% target margin

You need $13,573 off asking to hit this margin.

All-in cost$139,018
Net resale$206,285
Projected profit$67,267
ROI+48.4%
Annualized+69.3%
Break-even resale$6,288/ac
Profit if resale lands off target
-20%
$26,010
-10%
$46,639
0%
$67,267
+10%
$87,895
+20%
$108,524
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-904821
Dirt · Full utilities
18.1Jul 27, 2026$279,90015,4808,2334.1 mi
81
IA-485561
Dirt · Power at road
30.9Apr 12, 2026$354,50011,4748,1287.2 mi
77
IA-276233
Dirt · Off grid
50.3Jul 27, 2026$608,40012,10210,88510.1 mi
73
IA-795094
Gravel · Full utilities
22.0Dec 10, 2024$310,90014,1127,0726.9 mi
73
IA-775876
Gravel · Off grid
38.8Mar 19, 2026$345,4008,8976,64913.2 mi
71
IA-815502
Gravel · Power at road
29.6Jul 4, 2024$493,80016,68310,83512.3 mi
65
IA-204070
Gravel · Off grid
10.5Aug 16, 2024$214,30020,42813,7297.8 mi
62
IA-956732
Gravel · Off grid
72.2Dec 16, 2024$836,20011,58710,3365.0 mi
61
IA-226911
Gravel · Power at road
82.2Jun 14, 2025$989,00012,0389,2228.5 mi
58
Show adjustment detail for the top comp
  • Tract size (18.08 ac → 24.03 ac)-3.7%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Full utilities → Off grid)-30.3%

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.