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Webster County, IA · Sold

IA-139424

5898 County Road 161

$1,665,300
$3,283/ac · 507 ac
Acreage507 ac
Price per acre$3,283/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedFeb 26, 2026
Coordinates42.4903, -94.0900
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

1 item to verify before you offer.

Risk index
5
Low risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope6.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,064 ft of deeded road frontage.

Power2,644 ft away

Service extension needed; get a utility quote.

Buildable area476.64 of 507.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,841,991
$1,466,782$2,217,200 · $3,631/ac on 507 ac
Asking vs estimate
-9.6%
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 $1,665,300
Maximum allowable offer
$1,052,566
$2,075/ac · +30.0% target margin

You need $612,734 off asking to hit this margin.

All-in cost$1,142,034
Net resale$1,694,632
Projected profit$552,598
ROI+48.4%
Annualized+69.2%
Break-even resale$2,447/ac
Profit if resale lands off target
-20%
$213,671
-10%
$383,135
0%
$552,598
+10%
$722,061
+20%
$891,524
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-949136
Dirt · Full utilities
411.8Jul 27, 2026$2,468,3005,9943,9315.7 mi
84
IA-189330
Landlocked · Off grid
473.9Jun 13, 2025$1,320,4002,7863,6226.8 mi
81
IA-679940
Dirt · Power at road
737.3May 7, 2026$1,716,4002,3282,2435.8 mi
79
IA-248627
Dirt · Off grid
284.8Sep 11, 2025$960,0003,3712,9512.6 mi
75
IA-597963
Gravel · Full utilities
176.1Jul 27, 2026$1,689,6009,5974,2413.6 mi
72
IA-439160
Paved · Power at road
419.0Apr 7, 2025$2,090,3004,9893,08411.0 mi
69
IA-747842
Gravel · Power at road
161.3May 28, 2026$1,210,7007,5073,9796.2 mi
67
IA-258053
Gravel · Power at road
187.9Sep 28, 2024$1,540,0008,1964,8430.9 mi
63
IA-408187
Gravel · Off grid
207.1Sep 1, 2025$1,239,4005,9864,12112.9 mi
63
Show adjustment detail for the top comp
  • Tract size (411.78 ac → 507.31 ac)-6.1%
  • 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.