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Poweshiek County, IA · Sold

IA-204070

1105 County Road 89

$210,500
$20,067/ac · 10.49 ac
Acreage10.49 ac
Price per acre$20,067/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedNov 30, 2023
Coordinates41.6731, -92.4532
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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

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands1.7% of tract

Little to no mapped wetland coverage.

Average slope21.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

704 ft of deeded road frontage.

Power2,252 ft away

Service extension needed; get a utility quote.

Buildable area6.19 of 10.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$132,466
$102,018$162,914 · $12,628/ac on 10.49 ac
Asking vs estimate
+58.9%
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 $210,500
Maximum allowable offer
$75,695
$7,216/ac · +30.0% target margin

You need $134,805 off asking to hit this margin.

All-in cost$82,129
Net resale$121,869
Projected profit$39,740
ROI+48.4%
Annualized+69.2%
Break-even resale$8,510/ac
Profit if resale lands off target
-20%
$15,366
-10%
$27,553
0%
$39,740
+10%
$51,926
+20%
$64,113
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-904821
Dirt · Full utilities
18.1Jul 27, 2026$279,90015,48013,2793.9 mi
77
IA-835214
Landlocked · Off grid
24.0Jul 27, 2026$124,7005,1898,3887.8 mi
74
IA-485561
Dirt · Power at road
30.9Apr 12, 2026$354,50011,47413,1097.0 mi
71
IA-795094
Gravel · Full utilities
22.0Dec 10, 2024$310,90014,11211,4051.0 mi
69
IA-815502
Gravel · Power at road
29.6Jul 4, 2024$493,80016,68317,4756.4 mi
65
Show adjustment detail for the top comp
  • Tract size (18.08 ac → 10.49 ac)+5.7%
  • Access (Dirt → Gravel)+16.3%
  • 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.