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Shelby County, IA · Sold

IA-875642

573 County Road 173

$380,300
$11,609/ac · 32.76 ac
Acreage32.76 ac
Price per acre$11,609/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedOct 14, 2024
Coordinates41.6373, -95.3422
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

3 items to verify before you offer.

Risk index
19
Low risk
Wetlands17.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,438 ft of deeded road frontage.

Power224 ft away

Power at or near the road.

Buildable area25.64 of 32.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$316,949
$265,843$368,056 · $9,675/ac on 32.76 ac
Asking vs estimate
+20.0%
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 $380,300
Maximum allowable offer
$181,114
$5,529/ac · +30.0% target margin

You need $199,186 off asking to hit this margin.

All-in cost$196,509
Net resale$291,593
Projected profit$95,084
ROI+48.4%
Annualized+69.2%
Break-even resale$6,520/ac
Profit if resale lands off target
-20%
$36,766
-10%
$65,925
0%
$95,084
+10%
$124,244
+20%
$153,403
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-235330
Dirt · Power at road
26.1Jul 27, 2026$291,50011,15010,7831.9 mi
89
IA-735440
Dirt · Off grid
28.3Jul 27, 2026$280,4009,90911,4115.3 mi
86
IA-476046
Landlocked · Off grid
43.9Jul 27, 2026$244,2005,5638,7415.6 mi
80
IA-765249
Dirt · Off grid
24.6Feb 11, 2026$174,9007,0968,1576.1 mi
79
IA-113981
Dirt · Off grid
9.8May 14, 2026$110,40011,21711,5336.5 mi
69
IA-144484
Paved · Off grid
14.2Dec 15, 2025$114,2008,0676,3545.9 mi
67
IA-186443
Gravel · Off grid
58.5Aug 2, 2025$505,0008,62810,1699.4 mi
66
IA-704180
Gravel · Power at road
11.4Mar 17, 2025$129,60011,4079,0954.8 mi
63
IA-857262
Gravel · Full utilities
106.0Mar 22, 2025$1,210,70011,42710,9225.6 mi
59
IA-817026
Landlocked · Full utilities
89.3Feb 8, 2024$581,0006,5079,1614.8 mi
58
Show adjustment detail for the top comp
  • Tract size (26.14 ac → 32.76 ac)-3.5%

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.