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Winneshiek County, IA · Sold

IA-117987

2194 County Road 391

$1,142,600
$6,379/ac · 179 ac
Acreage179 ac
Price per acre$6,379/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedJul 12, 2024
Coordinates43.3056, -91.8612
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

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

No material red flags on the mapped layers.

Risk index
2
Low risk
Wetlands3.0% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,255 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area165.07 of 179.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,288,698
$982,020$1,595,375 · $7,194/ac on 179 ac
Asking vs estimate
-11.3%
Priced below the comp set

Weighted from 6 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 $1,142,600
Maximum allowable offer
$736,399
$4,111/ac · +30.0% target margin

You need $406,201 off asking to hit this margin.

All-in cost$798,993
Net resale$1,185,602
Projected profit$386,609
ROI+48.4%
Annualized+69.2%
Break-even resale$4,848/ac
Profit if resale lands off target
-20%
$149,489
-10%
$268,049
0%
$386,609
+10%
$505,169
+20%
$623,729
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-717791
Dirt · Off grid
155.4May 16, 2026$958,9006,1708,6116.2 mi
88
IA-119546
Dirt · Full utilities
554.2Jul 27, 2026$2,447,5004,4166,1494.2 mi
79
IA-378528
Gravel · Power at road
265.1Aug 19, 2025$1,190,8004,4925,4812.4 mi
73
IA-976513
Gravel · Off grid
61.6Jul 27, 2026$414,5006,7316,3936.8 mi
69
IA-897067
Dirt · Power at road
92.0Apr 5, 2024$848,2009,22110,4073.7 mi
65
IA-799644
Gravel · Power at road
595.0Sep 16, 2025$2,325,0003,9086,0445.9 mi
61
Show adjustment detail for the top comp
  • Tract size (155.42 ac → 179.13 ac)-3.8%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (3 mo)+1.1%

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.