← New search
Webster County, IA · Sold

IA-189330

8044 County Road 202

$1,492,000
$3,148/ac · 474 ac
Acreage474 ac
Price per acre$3,148/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedApr 15, 2024
Coordinates42.4121, -94.1725
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

4 items to verify before you offer.

Risk index
53
Moderate risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope22.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11,870 ft away

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

Buildable area271.83 of 473.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,350,844
$1,057,036$1,644,651 · $2,850/ac on 474 ac
Asking vs estimate
+10.4%
Priced above 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 $1,492,000
Maximum allowable offer
$771,911
$1,629/ac · +30.0% target margin

You need $720,089 off asking to hit this margin.

All-in cost$837,523
Net resale$1,242,776
Projected profit$405,253
ROI+48.4%
Annualized+69.2%
Break-even resale$1,921/ac
Profit if resale lands off target
-20%
$156,698
-10%
$280,975
0%
$405,253
+10%
$529,530
+20%
$653,808
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-139424
Dirt · Off grid
507.3Jul 27, 2026$1,463,8002,8852,3346.8 mi
90
IA-949136
Dirt · Full utilities
411.8Jul 27, 2026$2,468,3005,9943,1731.6 mi
86
IA-679940
Dirt · Power at road
737.3May 7, 2026$1,716,4002,3281,8112.4 mi
78
IA-439160
Paved · Power at road
419.0Apr 7, 2025$2,090,3004,9892,4895.3 mi
74
IA-248627
Dirt · Off grid
284.8Sep 11, 2025$960,0003,3712,3825.0 mi
73
IA-597963
Gravel · Full utilities
176.1Jul 27, 2026$1,689,6009,5973,4233.4 mi
72
IA-747842
Gravel · Power at road
161.3May 28, 2026$1,210,7007,5073,2124.4 mi
69
IA-408187
Gravel · Off grid
207.1Sep 1, 2025$1,239,4005,9863,3266.4 mi
67
IA-258053
Gravel · Power at road
187.9Sep 28, 2024$1,540,0008,1963,9096.9 mi
59
Show adjustment detail for the top comp
  • Tract size (507.31 ac → 473.91 ac)+2.1%
  • Access (Dirt → Landlocked)-20.9%

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.