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Webster County, IA · Sold

IA-258053

2742 County Road 291

$1,652,400
$8,794/ac · 188 ac
Acreage188 ac
Price per acre$8,794/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedDec 1, 2023
Coordinates42.4983, -94.1039
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

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

View Webster market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
9
Low risk
Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope9.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,800 ft of deeded road frontage.

Power18 ft away

Power at or near the road.

Buildable area170.84 of 187.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,257,598
$1,043,371$1,471,826 · $6,693/ac on 188 ac
Asking vs estimate
+31.4%
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 $1,652,400
Maximum allowable offer
$718,628
$3,824/ac · +30.0% target margin

You need $933,772 off asking to hit this margin.

All-in cost$779,711
Net resale$1,156,990
Projected profit$377,279
ROI+48.4%
Annualized+69.2%
Break-even resale$4,510/ac
Profit if resale lands off target
-20%
$145,881
-10%
$261,580
0%
$377,279
+10%
$492,978
+20%
$608,677
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-597963
Gravel · Full utilities
176.1Jul 27, 2026$1,689,6009,5977,7443.8 mi
89
IA-747842
Gravel · Power at road
161.3May 28, 2026$1,210,7007,5077,2665.7 mi
86
IA-408187
Gravel · Off grid
207.1Sep 1, 2025$1,239,4005,9867,52412.8 mi
80
IA-139424
Dirt · Off grid
507.3Jul 27, 2026$1,463,8002,8855,2800.9 mi
75
IA-248627
Dirt · Off grid
284.8Sep 11, 2025$960,0003,3715,3892.2 mi
73
IA-949136
Dirt · Full utilities
411.8Jul 27, 2026$2,468,3005,9947,1795.6 mi
73
IA-377520
Gravel · Power at road
127.7Feb 17, 2025$1,127,4008,8278,4586.1 mi
73
IA-439160
Paved · Power at road
419.0Apr 7, 2025$2,090,3004,9895,63210.7 mi
62
IA-189330
Landlocked · Off grid
473.9Jun 13, 2025$1,320,4002,7866,6146.9 mi
62
IA-826385
Dirt · Power at road
56.1Jun 5, 2025$304,9005,4324,92913.2 mi
58
Show adjustment detail for the top comp
  • Tract size (176.05 ac → 187.91 ac)-1.8%
  • Utilities (Full utilities → Power at road)-18.0%

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.