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Shelby County, IA · Sold

IA-351111

7472 County Road 110

$7,900
$6,423/ac · 1.23 ac
Acreage1.23 ac
Price per acre$6,423/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedDec 15, 2023
Coordinates41.7550, -95.2486
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
36
Moderate risk
Wetlands5.7% of tract

Little to no mapped wetland coverage.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,640 ft away

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

Buildable area1.10 of 1.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,179
$8,429$11,929 · $8,275/ac on 1.23 ac
Asking vs estimate
-22.4%
Priced below 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 $7,900
Maximum allowable offer
$5,816
$4,729/ac · +30.0% target margin

You need $2,084 off asking to hit this margin.

All-in cost$6,310
Net resale$9,364
Projected profit$3,054
ROI+48.4%
Annualized+69.3%
Break-even resale$5,576/ac
Profit if resale lands off target
-20%
$1,181
-10%
$2,118
0%
$3,054
+10%
$3,991
+20%
$4,927
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-311623
Landlocked · Off grid
1.8Jan 3, 2026$13,1007,3627,5941.3 mi
82
IA-360759
Gravel · Off grid
0.9Jul 27, 2026$11,40011,9498,1209.0 mi
81
IA-941734
Dirt · Off grid
1.9Feb 4, 2025$21,40011,0839,3921.8 mi
76
IA-540973
Gravel · Power at road
1.1Jan 9, 2026$13,30012,0127,10910.0 mi
76
IA-722390
Gravel · Off grid
3.1Sep 12, 2025$44,70014,36510,3399.4 mi
68
IA-590460
Dirt · Power at road
0.8Oct 12, 2025$9,00011,6338,05711.8 mi
67
IA-672470
Landlocked · Power at road
3.3Nov 3, 2024$28,9008,7758,1835.2 mi
67
IA-460221
Dirt · Power at road
0.7Mar 17, 2024$4,8007,4045,44811.5 mi
63
IA-562233
Gravel · Power at road
2.8Aug 7, 2025$46,80016,89410,34311.3 mi
62
Show adjustment detail for the top comp
  • Tract size (1.78 ac → 1.23 ac)+0.6%
  • Market time (7 mo)+2.6%

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.