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Shelby County, IA · Sold

IA-735440

9068 County Road 207

$299,600
$10,587/ac · 28.30 ac
Acreage28.30 ac
Price per acre$10,587/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedMay 31, 2026
Coordinates41.7093, -95.3046
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

4 items to verify before you offer.

Risk index
27
Low risk
Wetlands13.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

712 ft of deeded road frontage.

Power12,262 ft away

A long utility run — price in solar/off-grid instead.

Buildable area23.15 of 28.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$237,545
$191,907$283,183 · $8,394/ac on 28.30 ac
Asking vs estimate
+26.1%
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 $299,600
Maximum allowable offer
$135,740
$4,796/ac · +30.0% target margin

You need $163,860 off asking to hit this margin.

All-in cost$147,278
Net resale$218,542
Projected profit$71,264
ROI+48.4%
Annualized+69.3%
Break-even resale$5,657/ac
Profit if resale lands off target
-20%
$27,556
-10%
$49,410
0%
$71,264
+10%
$93,118
+20%
$114,972
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-235330
Dirt · Power at road
26.1Jul 27, 2026$291,50011,1509,3845.2 mi
87
IA-476046
Landlocked · Off grid
43.9Jul 27, 2026$244,2005,5637,6072.8 mi
86
IA-765249
Dirt · Off grid
24.6Feb 11, 2026$174,9007,0967,0995.4 mi
84
IA-875642
Dirt · Power at road
32.8Sep 20, 2025$405,80012,38611,1885.3 mi
79
IA-144484
Paved · Off grid
14.2Dec 15, 2025$114,2008,0675,5301.8 mi
78
IA-113981
Dirt · Off grid
9.8May 14, 2026$110,40011,21710,0377.7 mi
71
IA-186443
Gravel · Off grid
58.5Aug 2, 2025$505,0008,6288,8504.4 mi
69
IA-704180
Gravel · Power at road
11.4Mar 17, 2025$129,60011,4077,9154.8 mi
67
IA-817026
Landlocked · Full utilities
89.3Feb 8, 2024$581,0006,5077,9736.2 mi
60
Show adjustment detail for the top comp
  • Tract size (26.14 ac → 28.3 ac)-1.2%
  • Utilities (Power at road → Off grid)-15.0%

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.