Shelby County, IA · Sold

IA-722390

4548 County Road 202

$46,200

$14,855/ac · 3.11 ac

Offer report Market this tract

Acreage3.11 ac

Price per acre$14,855/ac

ZoningUnzoned

Road accessGravel

UtilitiesOff grid

TopographySloped

ListedApr 18, 2025

Coordinates41.6217, -95.2161

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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

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands5.4% of tract

Little to no mapped wetland coverage.

Average slope30.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

413 ft of deeded road frontage.

Power11,968 ft away

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

Buildable area1.77 of 3.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$38,672

$32,420 – $44,924 · $12,435/ac on 3.11 ac

Asking vs estimate

+19.5%

Priced above the comp set

Weighted from 10 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 $46,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$22,098

$7,106/ac · +30.0% target margin

You need $24,102 off asking to hit this margin.

All-in cost$23,976

Net resale$35,578

Projected profit$11,602

ROI+48.4%

Annualized+69.3%

Break-even resale$8,380/ac

Profit if resale lands off target

-20%

$4,486

-10%

$8,044

$11,602

+10%

$15,160

+20%

$18,718

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-562233 Gravel · Power at road	2.8	Aug 7, 2025	$46,800	16,894	14,928	4.6 mi	79
IA-672470 Landlocked · Power at road	3.3	Nov 3, 2024	$28,900	8,775	11,810	7.3 mi	77
IA-360759 Gravel · Off grid	0.9	Jul 27, 2026	$11,400	11,949	11,720	2.9 mi	75
IA-323203 Gravel · Full utilities	5.6	Apr 11, 2026	$90,500	16,154	11,687	9.7 mi	73
IA-113981 Dirt · Off grid	9.8	May 14, 2026	$110,400	11,217	13,987	0.4 mi	73
IA-311623 Landlocked · Off grid	1.8	Jan 3, 2026	$13,100	7,362	10,961	8.1 mi	71
IA-941734 Dirt · Off grid	1.9	Feb 4, 2025	$21,400	11,083	13,556	10.3 mi	71
IA-643568 Gravel · Off grid	7.3	Aug 1, 2025	$107,400	14,726	15,965	10.9 mi	66
IA-540973 Gravel · Power at road	1.1	Jan 9, 2026	$13,300	12,012	10,260	9.2 mi	66
IA-351111 Landlocked · Off grid	1.2	Oct 5, 2024	$7,100	5,813	9,046	9.4 mi	64

Show adjustment detail for the top comp

Utilities (Power at road → Off grid)-15.0%
Market time (12 mo)+4.3%

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.

Build the listing kit Post a deal or JV