← New search
Poweshiek County, IA · Sold

IA-641250

5778 County Road 187

$23,300
$17,132/ac · 1.36 ac
Acreage1.36 ac
Price per acre$17,132/ac
ZoningAgricultural
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedAug 28, 2023
Coordinates41.6629, -92.4613
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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands18.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

293 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.06 of 1.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$26,523
$19,097$33,950 · $19,502/ac on 1.36 ac
Asking vs estimate
-12.2%
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 $23,300
Maximum allowable offer
$15,156
$11,144/ac · +30.0% target margin

You need $8,144 off asking to hit this margin.

All-in cost$16,444
Net resale$24,401
Projected profit$7,957
ROI+48.4%
Annualized+69.3%
Break-even resale$13,143/ac
Profit if resale lands off target
-20%
$3,077
-10%
$5,517
0%
$7,957
+10%
$10,397
+20%
$12,837
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-560297
Dirt · Off grid
0.7Jul 27, 2026$11,20016,50823,5808.1 mi
75
IA-470503
Gravel · Power at road
0.8Jan 5, 2026$8,70010,97811,7448.6 mi
75
IA-760409
Dirt · Off grid
0.7Apr 15, 2024$10,70014,45322,6352.7 mi
72
IA-250008
Paved · Full utilities
0.6May 6, 2026$9,30016,82812,3047.5 mi
70
IA-204070
Gravel · Off grid
10.5Aug 16, 2024$214,30020,42829,6610.8 mi
54
Show adjustment detail for the top comp
  • Tract size (0.68 ac → 1.36 ac)-0.7%
  • Utilities (Off grid → Full utilities)+43.5%

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.