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Poweshiek County, IA · Sold

IA-838449

8865 County Road 186

$1,193,400
$4,767/ac · 250 ac
Acreage250 ac
Price per acre$4,767/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedFeb 16, 2024
Coordinates41.6529, -92.5481
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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

2 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands7.9% of tract

Little to no mapped wetland coverage.

Average slope10.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power225 ft away

Power at or near the road.

Buildable area219.03 of 250.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,688,152
$1,501,449$1,874,854 · $6,743/ac on 250 ac
Asking vs estimate
-29.3%
Priced below 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 $1,193,400
Maximum allowable offer
$964,658
$3,853/ac · +30.0% target margin

You need $228,742 off asking to hit this margin.

All-in cost$1,046,654
Net resale$1,553,100
Projected profit$506,446
ROI+48.4%
Annualized+69.2%
Break-even resale$4,544/ac
Profit if resale lands off target
-20%
$195,826
-10%
$351,136
0%
$506,446
+10%
$661,756
+20%
$817,066
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-788820
Dirt · Full utilities
327.5Nov 16, 2025$3,537,10010,7997,8037.3 mi
74
IA-257661
Gravel · Off grid
141.4Jan 26, 2025$1,099,0007,7705,6578.6 mi
64
IA-226911
Gravel · Power at road
82.2Jun 14, 2025$989,00012,0386,4065.5 mi
63
IA-939950
Dirt · Off grid
742.6Mar 18, 2025$3,558,3004,7926,5311.8 mi
63
IA-956732
Gravel · Off grid
72.2Dec 16, 2024$836,20011,5877,1803.5 mi
59
Show adjustment detail for the top comp
  • Tract size (327.53 ac → 250.34 ac)+8.1%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (9 mo)+3.1%

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.