← New search
Poweshiek County, IA · Sold

IA-788820

5136 County Road 28

$3,378,300
$10,314/ac · 328 ac
Acreage328 ac
Price per acre$10,314/ac
ZoningAgricultural
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedJun 25, 2025
Coordinates41.7568, -92.5248
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
7
Low risk
Wetlands7.9% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,573 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area286.57 of 327.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,865,840
$2,530,503$3,201,177 · $8,750/ac on 328 ac
Asking vs estimate
+17.9%
Priced above 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 $3,378,300
Maximum allowable offer
$1,637,623
$5,000/ac · +30.0% target margin

You need $1,740,677 off asking to hit this margin.

All-in cost$1,776,821
Net resale$2,636,573
Projected profit$859,752
ROI+48.4%
Annualized+69.2%
Break-even resale$5,897/ac
Profit if resale lands off target
-20%
$332,437
-10%
$596,094
0%
$859,752
+10%
$1,123,409
+20%
$1,387,066
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-838449
Landlocked · Power at road
250.3Nov 11, 2024$1,191,0004,7587,2937.3 mi
68
IA-939950
Dirt · Off grid
742.6Mar 18, 2025$3,558,3004,7929,3237.6 mi
64
IA-257661
Gravel · Off grid
141.4Jan 26, 2025$1,099,0007,7708,0754.7 mi
63
IA-226911
Gravel · Power at road
82.2Jun 14, 2025$989,00012,0389,1441.9 mi
61
IA-956732
Gravel · Off grid
72.2Dec 16, 2024$836,20011,58710,2498.9 mi
54
Show adjustment detail for the top comp
  • Tract size (250.34 ac → 327.53 ac)-7.5%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (21 mo)+7.4%

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.