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Shelby County, IA · Sold

IA-590460

8218 County Road 109

$9,800
$12,727/ac · 0.77 ac
Acreage0.77 ac
Price per acre$12,727/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedAug 24, 2024
Coordinates41.6225, -95.3934
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

Shelby County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

View Shelby market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
15
Low risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope17.3%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

165 ft of deeded road frontage.

Power92 ft away

Power at or near the road.

Buildable area0.61 of 0.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,382
$6,963$9,802 · $10,886/ac on 0.77 ac
Asking vs estimate
+16.9%
Priced above the comp set

Weighted from 6 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 $9,800
Maximum allowable offer
$4,790
$6,221/ac · +30.0% target margin

You need $5,010 off asking to hit this margin.

All-in cost$5,197
Net resale$7,712
Projected profit$2,514
ROI+48.4%
Annualized+69.2%
Break-even resale$7,336/ac
Profit if resale lands off target
-20%
$972
-10%
$1,743
0%
$2,514
+10%
$3,286
+20%
$4,057
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-540973
Gravel · Power at road
1.1Jan 9, 2026$13,30012,01210,6272.2 mi
83
IA-360759
Gravel · Off grid
0.9Jul 27, 2026$11,40011,94912,1396.3 mi
81
IA-460221
Dirt · Power at road
0.7Mar 17, 2024$4,8007,4048,1451.9 mi
76
IA-311623
Landlocked · Off grid
1.8Jan 3, 2026$13,1007,36211,35311.0 mi
69
IA-351111
Landlocked · Off grid
1.2Oct 5, 2024$7,1005,8139,36911.8 mi
62
IA-941734
Dirt · Off grid
1.9Feb 4, 2025$21,40011,08314,04011.3 mi
61
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Market time (7 mo)+2.5%

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.