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Tama County, IA · Sold

IA-792153

8574 County Road 120

$21,700
$8,282/ac · 2.62 ac
Acreage2.62 ac
Price per acre$8,282/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedOct 18, 2023
Coordinates42.0640, -92.6198
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

Tama County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

View Tama market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands1.4% of tract

Little to no mapped wetland coverage.

Average slope12.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

148 ft of deeded road frontage.

Power13,466 ft away

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

Buildable area2.07 of 2.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$28,744
$26,124$31,364 · $10,971/ac on 2.62 ac
Asking vs estimate
-24.5%
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 $21,700
Maximum allowable offer
$16,425
$6,269/ac · +30.0% target margin

You need $5,275 off asking to hit this margin.

All-in cost$17,821
Net resale$26,444
Projected profit$8,623
ROI+48.4%
Annualized+69.2%
Break-even resale$7,393/ac
Profit if resale lands off target
-20%
$3,334
-10%
$5,979
0%
$8,623
+10%
$11,268
+20%
$13,912
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-482581
Dirt · Power at road
3.6Jul 27, 2026$38,80010,86210,8594.1 mi
85
IA-412662
Dirt · Off grid
3.8Jul 27, 2026$33,5008,87110,4548.7 mi
80
IA-171937
Landlocked · Full utilities
2.2Jan 23, 2026$20,9009,3409,7583.4 mi
80
IA-802983
Dirt · Full utilities
4.8Jul 27, 2026$71,50014,99312,42410.3 mi
77
IA-602306
Landlocked · Off grid
2.9Apr 23, 2025$22,6007,74112,04610.1 mi
74
IA-892365
Dirt · Power at road
3.0Jul 19, 2024$26,2008,5899,2681.6 mi
73
IA-191884
Dirt · Power at road
2.1Aug 5, 2025$23,30010,85011,1357.4 mi
73
IA-753506
Landlocked · Full utilities
7.0Jul 27, 2026$80,40011,53112,3245.4 mi
71
IA-133372
Landlocked · Power at road
6.3Jun 4, 2026$53,9008,52211,1185.4 mi
71
IA-301721
Paved · Power at road
1.9May 2, 2025$26,40013,83810,4346.8 mi
70
Show adjustment detail for the top comp
  • Tract size (3.57 ac → 2.62 ac)+0.9%
  • Access (Dirt → Gravel)+16.3%
  • 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.