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Winneshiek County, IA · Sold

IA-799644

3185 County Road 60

$2,660,200
$4,471/ac · 595 ac
Acreage595 ac
Price per acre$4,471/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedOct 17, 2024
Coordinates43.3521, -91.7633
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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

3 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands32.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,808 ft of deeded road frontage.

Power161 ft away

Power at or near the road.

Buildable area379.82 of 594.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,829,196
$2,262,577$3,395,816 · $4,755/ac on 595 ac
Asking vs estimate
-6.0%
Priced below 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 $2,660,200
Maximum allowable offer
$1,616,684
$2,717/ac · +30.0% target margin

You need $1,043,516 off asking to hit this margin.

All-in cost$1,754,102
Net resale$2,602,861
Projected profit$848,758
ROI+48.4%
Annualized+69.2%
Break-even resale$3,205/ac
Profit if resale lands off target
-20%
$328,186
-10%
$588,472
0%
$848,758
+10%
$1,109,045
+20%
$1,369,331
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-119546
Dirt · Full utilities
554.2Jul 27, 2026$2,447,5004,4164,1292.1 mi
87
IA-789962
Gravel · Off grid
749.1Sep 28, 2025$3,426,0004,5745,9875.0 mi
77
IA-378528
Gravel · Power at road
265.1Aug 19, 2025$1,190,8004,4923,6803.8 mi
71
IA-699967
Dirt · Off grid
751.8Dec 1, 2023$2,650,1003,5255,7709.4 mi
69
IA-117987
Dirt · Full utilities
179.1Jul 31, 2024$1,014,6005,6644,1295.9 mi
56
Show adjustment detail for the top comp
  • Tract size (554.19 ac → 594.96 ac)-2.1%
  • Access (Dirt → Gravel)+16.3%
  • 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.