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Poweshiek County, IA · Sold

IA-226911

9444 County Road 396

$1,131,600
$13,773/ac · 82.16 ac
Acreage82.16 ac
Price per acre$13,773/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJan 6, 2025
Coordinates41.7331, -92.5436
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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,021 ft of deeded road frontage.

Power116 ft away

Power at or near the road.

Buildable area73.99 of 82.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$955,643
$737,283$1,174,004 · $11,631/ac on 82.16 ac
Asking vs estimate
+18.4%
Priced above 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 $1,131,600
Maximum allowable offer
$546,082
$6,647/ac · +30.0% target margin

You need $585,518 off asking to hit this margin.

All-in cost$592,499
Net resale$879,192
Projected profit$286,693
ROI+48.4%
Annualized+69.2%
Break-even resale$7,839/ac
Profit if resale lands off target
-20%
$110,855
-10%
$198,774
0%
$286,693
+10%
$374,612
+20%
$462,531
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-276233
Dirt · Off grid
50.3Jul 27, 2026$608,40012,10214,9082.0 mi
79
IA-257661
Gravel · Off grid
141.4Jan 26, 2025$1,099,0007,77011,1534.4 mi
74
IA-956732
Gravel · Off grid
72.2Dec 16, 2024$836,20011,58714,1557.6 mi
74
IA-775876
Gravel · Off grid
38.8Mar 19, 2026$345,4008,8979,1076.1 mi
72
IA-485561
Dirt · Power at road
30.9Apr 12, 2026$354,50011,47411,1322.1 mi
72
IA-835214
Landlocked · Off grid
24.0Jul 27, 2026$124,7005,1897,1228.5 mi
67
IA-815502
Gravel · Power at road
29.6Jul 4, 2024$493,80016,68314,8394.9 mi
63
IA-838449
Landlocked · Power at road
250.3Nov 11, 2024$1,191,0004,75810,0735.5 mi
60
Show adjustment detail for the top comp
  • Tract size (50.27 ac → 82.16 ac)-10.2%
  • Access (Dirt → Gravel)+16.3%
  • 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.