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Webster County, IA · Sold

IA-949136

3005 County Road 118

$2,508,400
$6,092/ac · 412 ac
Acreage412 ac
Price per acre$6,092/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedApr 17, 2026
Coordinates42.4353, -94.1745
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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

2 items to verify before you offer.

Risk index
17
Low risk
Wetlands11.3% of tract

Little to no mapped wetland coverage.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,323 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area346.99 of 411.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,259,381
$1,760,032$2,758,731 · $5,487/ac on 412 ac
Asking vs estimate
+11.0%
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 $2,508,400
Maximum allowable offer
$1,291,075
$3,135/ac · +30.0% target margin

You need $1,217,325 off asking to hit this margin.

All-in cost$1,400,816
Net resale$2,078,631
Projected profit$677,814
ROI+48.4%
Annualized+69.2%
Break-even resale$3,698/ac
Profit if resale lands off target
-20%
$262,088
-10%
$469,951
0%
$677,814
+10%
$885,678
+20%
$1,093,541
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-139424
Dirt · Off grid
507.3Jul 27, 2026$1,463,8002,8854,4195.7 mi
84
IA-679940
Dirt · Power at road
737.3May 7, 2026$1,716,4002,3283,4280.9 mi
79
IA-189330
Landlocked · Off grid
473.9Jun 13, 2025$1,320,4002,7865,5351.6 mi
77
IA-597963
Gravel · Full utilities
176.1Jul 27, 2026$1,689,6009,5976,4802.6 mi
76
IA-439160
Paved · Power at road
419.0Apr 7, 2025$2,090,3004,9894,7135.5 mi
76
IA-248627
Dirt · Off grid
284.8Sep 11, 2025$960,0003,3714,5103.6 mi
76
IA-747842
Gravel · Power at road
161.3May 28, 2026$1,210,7007,5076,0802.9 mi
71
IA-408187
Gravel · Off grid
207.1Sep 1, 2025$1,239,4005,9866,2977.2 mi
66
IA-258053
Gravel · Power at road
187.9Sep 28, 2024$1,540,0008,1967,4005.6 mi
61
IA-377520
Gravel · Power at road
127.7Feb 17, 2025$1,127,4008,8277,0785.6 mi
59
Show adjustment detail for the top comp
  • Tract size (507.31 ac → 411.78 ac)+6.5%
  • Utilities (Off grid → Full utilities)+43.5%

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.