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Shelby County, IA · Sold

IA-311623

5552 County Road 346

$12,600
$7,079/ac · 1.78 ac
Acreage1.78 ac
Price per acre$7,079/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedJul 10, 2025
Coordinates41.7364, -95.2434
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
34
Moderate risk
Wetlands4.0% of tract

Little to no mapped wetland coverage.

Average slope8.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power2,448 ft away

Service extension needed; get a utility quote.

Buildable area1.62 of 1.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,474
$11,867$17,080 · $8,131/ac on 1.78 ac
Asking vs estimate
-12.9%
Priced below 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 $12,600
Maximum allowable offer
$8,271
$4,647/ac · +30.0% target margin

You need $4,329 off asking to hit this margin.

All-in cost$8,974
Net resale$13,316
Projected profit$4,342
ROI+48.4%
Annualized+69.2%
Break-even resale$5,480/ac
Profit if resale lands off target
-20%
$1,679
-10%
$3,010
0%
$4,342
+10%
$5,674
+20%
$7,005
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-941734
Dirt · Off grid
1.9Feb 4, 2025$21,40011,0839,3402.7 mi
78
IA-360759
Gravel · Off grid
0.9Jul 27, 2026$11,40011,9498,0757.8 mi
76
IA-351111
Landlocked · Off grid
1.2Oct 5, 2024$7,1005,8136,2321.3 mi
75
IA-540973
Gravel · Power at road
1.1Jan 9, 2026$13,30012,0127,0699.4 mi
75
IA-323203
Gravel · Full utilities
5.6Apr 11, 2026$90,50016,1548,0521.8 mi
73
IA-722390
Gravel · Off grid
3.1Sep 12, 2025$44,70014,36510,2828.1 mi
69
IA-672470
Landlocked · Power at road
3.3Nov 3, 2024$28,9008,7758,1374.5 mi
67
IA-562233
Gravel · Power at road
2.8Aug 7, 2025$46,80016,89410,28510.2 mi
67
IA-590460
Dirt · Power at road
0.8Oct 12, 2025$9,00011,6338,01211.0 mi
67
IA-460221
Dirt · Power at road
0.7Mar 17, 2024$4,8007,4045,41810.9 mi
55
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • Market time (18 mo)+6.4%

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.