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Webster County, IA · Sold

IA-248627

938 County Road 170

$908,200
$3,189/ac · 285 ac
Acreage285 ac
Price per acre$3,189/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedSep 8, 2024
Coordinates42.4801, -94.1389
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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

3 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope26.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,775 ft of deeded road frontage.

Power10,876 ft away

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

Buildable area165.06 of 284.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,265,721
$1,010,092$1,521,349 · $4,444/ac on 285 ac
Asking vs estimate
-28.2%
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 $908,200
Maximum allowable offer
$723,269
$2,540/ac · +30.0% target margin

You need $184,931 off asking to hit this margin.

All-in cost$784,747
Net resale$1,164,463
Projected profit$379,716
ROI+48.4%
Annualized+69.2%
Break-even resale$2,995/ac
Profit if resale lands off target
-20%
$146,824
-10%
$263,270
0%
$379,716
+10%
$496,163
+20%
$612,609
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-597963
Gravel · Full utilities
176.1Jul 27, 2026$1,689,6009,5975,0322.5 mi
84
IA-949136
Dirt · Full utilities
411.8Jul 27, 2026$2,468,3005,9944,6653.6 mi
83
IA-139424
Dirt · Off grid
507.3Jul 27, 2026$1,463,8002,8853,4312.6 mi
82
IA-747842
Gravel · Power at road
161.3May 28, 2026$1,210,7007,5074,7223.6 mi
80
IA-679940
Dirt · Power at road
737.3May 7, 2026$1,716,4002,3282,6623.4 mi
73
IA-408187
Gravel · Off grid
207.1Sep 1, 2025$1,239,4005,9864,89010.6 mi
71
IA-189330
Landlocked · Off grid
473.9Jun 13, 2025$1,320,4002,7864,2985.0 mi
71
IA-258053
Gravel · Power at road
187.9Sep 28, 2024$1,540,0008,1965,7462.2 mi
69
IA-439160
Paved · Power at road
419.0Apr 7, 2025$2,090,3004,9893,6608.5 mi
67
IA-377520
Gravel · Power at road
127.7Feb 17, 2025$1,127,4008,8275,4975.8 mi
63
Show adjustment detail for the top comp
  • Tract size (176.05 ac → 284.79 ac)-12.7%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Off grid)-30.3%

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.