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Webster County, IA · Sold

IA-747842

1548 County Road 304

$1,352,700
$8,388/ac · 161 ac
Acreage161 ac
Price per acre$8,388/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedJul 18, 2025
Coordinates42.4700, -94.2081
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
Wetlands9.0% of tract

Little to no mapped wetland coverage.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,340 ft of deeded road frontage.

Power239 ft away

Power at or near the road.

Buildable area139.42 of 161.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,151,561
$929,083$1,374,040 · $7,141/ac on 161 ac
Asking vs estimate
+17.5%
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 $1,352,700
Maximum allowable offer
$658,035
$4,080/ac · +30.0% target margin

You need $694,665 off asking to hit this margin.

All-in cost$713,968
Net resale$1,059,436
Projected profit$345,468
ROI+48.4%
Annualized+69.2%
Break-even resale$4,812/ac
Profit if resale lands off target
-20%
$133,581
-10%
$239,525
0%
$345,468
+10%
$451,412
+20%
$557,356
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-597963
Gravel · Full utilities
176.1Jul 27, 2026$1,689,6009,5978,0744.5 mi
92
IA-258053
Gravel · Power at road
187.9Sep 28, 2024$1,540,0008,1969,2205.7 mi
76
IA-408187
Gravel · Off grid
207.1Sep 1, 2025$1,239,4005,9867,8457.9 mi
75
IA-248627
Dirt · Off grid
284.8Sep 11, 2025$960,0003,3715,6193.6 mi
75
IA-377520
Gravel · Power at road
127.7Feb 17, 2025$1,127,4008,8278,8198.1 mi
74
IA-949136
Dirt · Full utilities
411.8Jul 27, 2026$2,468,3005,9947,4852.9 mi
73
IA-139424
Dirt · Off grid
507.3Jul 27, 2026$1,463,8002,8855,5056.2 mi
69
IA-439160
Paved · Power at road
419.0Apr 7, 2025$2,090,3004,9895,8725.4 mi
64
IA-189330
Landlocked · Off grid
473.9Jun 13, 2025$1,320,4002,7866,8964.4 mi
62
IA-826385
Dirt · Power at road
56.1Jun 5, 2025$304,9005,4325,1398.8 mi
61
Show adjustment detail for the top comp
  • Tract size (176.05 ac → 161.27 ac)+2.4%
  • 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.