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Poweshiek County, IA · Sold

IA-276233

618 County Road 173

$613,900
$12,212/ac · 50.27 ac
Acreage50.27 ac
Price per acre$12,212/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedJan 1, 2026
Coordinates41.7495, -92.5108
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
18
Low risk
Wetlands14.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,827 ft of deeded road frontage.

Power2,686 ft away

Service extension needed; get a utility quote.

Buildable area40.88 of 50.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$457,019
$363,184$550,855 · $9,091/ac on 50.27 ac
Asking vs estimate
+34.3%
Priced above 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 $613,900
Maximum allowable offer
$261,154
$5,195/ac · +30.0% target margin

You need $352,746 off asking to hit this margin.

All-in cost$283,352
Net resale$420,458
Projected profit$137,106
ROI+48.4%
Annualized+69.2%
Break-even resale$6,127/ac
Profit if resale lands off target
-20%
$53,014
-10%
$95,060
0%
$137,106
+10%
$179,152
+20%
$221,197
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-775876
Gravel · Off grid
38.8Mar 19, 2026$345,4008,8977,4094.1 mi
81
IA-485561
Dirt · Power at road
30.9Apr 12, 2026$354,50011,4749,0564.1 mi
79
IA-835214
Landlocked · Off grid
24.0Jul 27, 2026$124,7005,1895,79510.1 mi
73
IA-904821
Dirt · Full utilities
18.1Jul 27, 2026$279,90015,4809,1748.1 mi
72
IA-226911
Gravel · Power at road
82.2Jun 14, 2025$989,00012,03810,2752.0 mi
71
IA-956732
Gravel · Off grid
72.2Dec 16, 2024$836,20011,58711,5178.2 mi
69
IA-815502
Gravel · Power at road
29.6Jul 4, 2024$493,80016,68312,0732.9 mi
66
IA-257661
Gravel · Off grid
141.4Jan 26, 2025$1,099,0007,7709,0745.5 mi
62
IA-795094
Gravel · Full utilities
22.0Dec 10, 2024$310,90014,1127,8796.6 mi
61
Show adjustment detail for the top comp
  • Tract size (38.82 ac → 50.27 ac)-4.8%
  • Access (Gravel → Dirt)-14.0%
  • Market time (5 mo)+1.7%

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.