Poweshiek County, IA · Sold

IA-815502

391 County Road 36

$558,000

$18,851/ac · 29.60 ac

Offer report Market this tract

Acreage29.60 ac

Price per acre$18,851/ac

ZoningResidential

Road accessGravel

UtilitiesPower at road

TopographyMixed

ListedMay 30, 2024

Coordinates41.7653, -92.4588

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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

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,409 ft of deeded road frontage.

Power206 ft away

Power at or near the road.

Buildable area27.14 of 29.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$431,022

$313,554 – $548,490 · $14,562/ac on 29.60 ac

Asking vs estimate

+29.5%

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 $558,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$246,298

$8,321/ac · +30.0% target margin

You need $311,702 off asking to hit this margin.

All-in cost$267,233

Net resale$396,540

Projected profit$129,307

ROI+48.4%

Annualized+69.2%

Break-even resale$9,813/ac

Profit if resale lands off target

-20%

$49,999

-10%

$89,653

$129,307

+10%

$168,961

+20%

$208,615

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-485561 Dirt · Power at road	30.9	Apr 12, 2026	$354,500	11,474	13,628	7.0 mi	88
IA-775876 Gravel · Off grid	38.8	Mar 19, 2026	$345,400	8,897	11,149	1.2 mi	83
IA-276233 Dirt · Off grid	50.3	Jul 27, 2026	$608,400	12,102	18,251	2.9 mi	79
IA-835214 Landlocked · Off grid	24.0	Jul 27, 2026	$124,700	5,189	8,720	12.3 mi	78
IA-904821 Dirt · Full utilities	18.1	Jul 27, 2026	$279,900	15,480	13,804	9.5 mi	75
IA-795094 Gravel · Full utilities	22.0	Dec 10, 2024	$310,900	14,112	11,857	7.2 mi	71
IA-226911 Gravel · Power at road	82.2	Jun 14, 2025	$989,000	12,038	15,462	4.9 mi	67
IA-204070 Gravel · Off grid	10.5	Aug 16, 2024	$214,300	20,428	23,019	6.4 mi	65
IA-956732 Gravel · Off grid	72.2	Dec 16, 2024	$836,200	11,587	17,330	9.3 mi	61

Show adjustment detail for the top comp

Tract size (30.9 ac → 29.6 ac)+0.7%
Access (Dirt → Gravel)+16.3%
Market time (4 mo)+1.4%

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.

Build the listing kit Post a deal or JV