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Shelby County, IA · Sold

IA-927918

5617 County Road 15

$1,330,300
$7,807/ac · 170 ac
Acreage170 ac
Price per acre$7,807/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedOct 3, 2025
Coordinates41.7152, -95.2801
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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands7.6% of tract

Little to no mapped wetland coverage.

Average slope4.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,393 ft of deeded road frontage.

Power68 ft away

Power at or near the road.

Buildable area149.58 of 170.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,313,008
$1,077,704$1,548,313 · $7,705/ac on 170 ac
Asking vs estimate
+1.3%
In line with 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 $1,330,300
Maximum allowable offer
$750,290
$4,403/ac · +30.0% target margin

You need $580,010 off asking to hit this margin.

All-in cost$814,065
Net resale$1,207,968
Projected profit$393,903
ROI+48.4%
Annualized+69.2%
Break-even resale$5,193/ac
Profit if resale lands off target
-20%
$152,309
-10%
$273,106
0%
$393,903
+10%
$514,700
+20%
$635,496
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-707722
Dirt · Off grid
147.8Jul 27, 2026$1,270,9008,5979,7562.9 mi
87
IA-857262
Gravel · Full utilities
106.0Mar 22, 2025$1,210,70011,4277,5330.7 mi
72
IA-476046
Landlocked · Off grid
43.9Jul 27, 2026$244,2005,5636,0294.0 mi
68
IA-875642
Dirt · Power at road
32.8Sep 20, 2025$405,80012,3868,8666.3 mi
67
IA-186443
Gravel · Off grid
58.5Aug 2, 2025$505,0008,6287,0143.2 mi
64
IA-817026
Landlocked · Full utilities
89.3Feb 8, 2024$581,0006,5076,3186.1 mi
62
Show adjustment detail for the top comp
  • Tract size (147.84 ac → 170.4 ac)-3.7%
  • Utilities (Off grid → Power at road)+17.6%

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.