Winneshiek County, IA · Sold

IA-352936

5305 County Road 97

$68,000

$14,751/ac · 4.61 ac

Offer report Market this tract

Acreage4.61 ac

Price per acre$14,751/ac

ZoningRecreational

Road accessGravel

UtilitiesPower at road

TopographyFlat

ListedMay 17, 2026

Coordinates43.3431, -91.8717

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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

4 items to verify before you offer.

Risk index

Low risk

Wetlands17.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power6 ft away

Power at or near the road.

Buildable area3.62 of 4.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$54,714

$44,589 – $64,839 · $11,869/ac on 4.61 ac

Asking vs estimate

+24.3%

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 $68,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$31,265

$6,782/ac · +30.0% target margin

You need $36,735 off asking to hit this margin.

All-in cost$33,923

Net resale$50,337

Projected profit$16,414

ROI+48.4%

Annualized+69.3%

Break-even resale$7,998/ac

Profit if resale lands off target

-20%

$6,347

-10%

$11,381

$16,414

+10%

$21,448

+20%

$26,482

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-132737 Gravel · Off grid	4.0	Jul 27, 2026	$36,200	9,075	10,639	4.2 mi	91
IA-352457 Dirt · Full utilities	3.3	Jul 27, 2026	$35,600	10,930	10,308	5.3 mi	84
IA-822361 Landlocked · Full utilities	3.0	Jul 27, 2026	$30,800	10,126	12,053	5.2 mi	83
IA-203258 Paved · Power at road	5.8	Feb 28, 2026	$84,800	14,540	12,701	5.3 mi	79
IA-102408 Gravel · Power at road	3.1	Oct 8, 2025	$31,400	9,980	10,196	8.7 mi	79
IA-994044 Gravel · Full utilities	10.3	Jul 27, 2026	$162,800	15,809	13,635	7.6 mi	74
IA-634363 Gravel · Full utilities	13.0	Jul 27, 2026	$128,200	9,881	8,699	5.2 mi	74
IA-512797 Gravel · Power at road	4.2	Aug 18, 2024	$63,400	15,203	16,408	10.2 mi	74
IA-662065 Dirt · Power at road	2.5	Jan 31, 2026	$21,700	8,853	10,312	8.2 mi	71
IA-662113 Dirt · Power at road	2.5	Jan 3, 2024	$29,100	11,457	14,499	2.5 mi	66

Show adjustment detail for the top comp

Tract size (3.99 ac → 4.61 ac)-0.6%
Utilities (Off grid → Power at road)+17.6%

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.

Build the listing kit Post a deal or JV