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Winneshiek County, IA · Sold

IA-119546

5171 County Road 216

$2,759,300
$4,979/ac · 554 ac
Acreage554 ac
Price per acre$4,979/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedJun 23, 2026
Coordinates43.3509, -91.8047
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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

Winneshiek County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

View Winneshiek market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
28
Low risk
Wetlands4.6% of tract

Little to no mapped wetland coverage.

Average slope31.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,620 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area317.22 of 554.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,805,264
$2,238,132$3,372,396 · $5,062/ac on 554 ac
Asking vs estimate
-1.6%
In line with the comp set

Weighted from 5 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 $2,759,300
Maximum allowable offer
$1,603,008
$2,893/ac · +30.0% target margin

You need $1,156,292 off asking to hit this margin.

All-in cost$1,739,264
Net resale$2,580,843
Projected profit$841,579
ROI+48.4%
Annualized+69.2%
Break-even resale$3,411/ac
Profit if resale lands off target
-20%
$325,410
-10%
$583,495
0%
$841,579
+10%
$1,099,663
+20%
$1,357,747
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-799644
Gravel · Power at road
595.0Sep 16, 2025$2,325,0003,9084,3502.1 mi
80
IA-789962
Gravel · Off grid
749.1Sep 28, 2025$3,426,0004,5746,4195.4 mi
73
IA-378528
Gravel · Power at road
265.1Aug 19, 2025$1,190,8004,4923,9452.7 mi
68
IA-699967
Dirt · Off grid
751.8Dec 1, 2023$2,650,1003,5256,1868.6 mi
67
IA-117987
Dirt · Full utilities
179.1Jul 31, 2024$1,014,6005,6644,4274.2 mi
67
Show adjustment detail for the top comp
  • Tract size (594.96 ac → 554.19 ac)+2.2%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (11 mo)+3.8%

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.