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Shelby County, IA · Sold

IA-476046

7995 County Road 360

$236,200
$5,380/ac · 43.90 ac
Acreage43.90 ac
Price per acre$5,380/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedMar 24, 2026
Coordinates41.7169, -95.3580
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
33
Moderate risk
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope1.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power1,202 ft away

Service extension needed; get a utility quote.

Buildable area37.58 of 43.90 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$292,978
$230,651$355,305 · $6,674/ac on 43.90 ac
Asking vs estimate
-19.4%
Priced below 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 $236,200
Maximum allowable offer
$167,416
$3,814/ac · +30.0% target margin

You need $68,784 off asking to hit this margin.

All-in cost$181,646
Net resale$269,540
Projected profit$87,893
ROI+48.4%
Annualized+69.2%
Break-even resale$4,498/ac
Profit if resale lands off target
-20%
$33,985
-10%
$60,939
0%
$87,893
+10%
$114,847
+20%
$141,801
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-735440
Dirt · Off grid
28.3Jul 27, 2026$280,4009,9097,2792.8 mi
86
IA-235330
Dirt · Power at road
26.1Jul 27, 2026$291,50011,1506,8786.4 mi
76
IA-144484
Paved · Off grid
14.2Dec 15, 2025$114,2008,0674,0531.3 mi
74
IA-186443
Gravel · Off grid
58.5Aug 2, 2025$505,0008,6286,4866.6 mi
74
IA-875642
Dirt · Power at road
32.8Sep 20, 2025$405,80012,3868,2005.6 mi
73
IA-707722
Dirt · Off grid
147.8Jul 27, 2026$1,270,9008,5979,0232.7 mi
73
IA-765249
Dirt · Off grid
24.6Feb 11, 2026$174,9007,0965,2037.9 mi
73
IA-817026
Landlocked · Full utilities
89.3Feb 8, 2024$581,0006,5075,8438.2 mi
66
IA-857262
Gravel · Full utilities
106.0Mar 22, 2025$1,210,70011,4276,9673.7 mi
63
Show adjustment detail for the top comp
  • Tract size (28.3 ac → 43.9 ac)-7.3%
  • Access (Dirt → Landlocked)-20.9%

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.