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Winneshiek County, IA · Sold

IA-822361

9802 County Road 368

$37,000
$12,171/ac · 3.04 ac
Acreage3.04 ac
Price per acre$12,171/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyMixed
ListedMay 19, 2026
Coordinates43.2848, -91.9384
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

4 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands13.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area2.51 of 3.04 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$31,106
$25,651$36,562 · $10,232/ac on 3.04 ac
Asking vs estimate
+18.9%
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 $37,000
Maximum allowable offer
$17,775
$5,847/ac · +30.0% target margin

You need $19,225 off asking to hit this margin.

All-in cost$19,286
Net resale$28,618
Projected profit$9,332
ROI+48.4%
Annualized+69.3%
Break-even resale$6,896/ac
Profit if resale lands off target
-20%
$3,608
-10%
$6,470
0%
$9,332
+10%
$12,194
+20%
$15,056
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-352457
Dirt · Full utilities
3.3Jul 27, 2026$35,60010,9308,6798.4 mi
90
IA-132737
Gravel · Off grid
4.0Jul 27, 2026$36,2009,0758,9585.3 mi
85
IA-102408
Gravel · Power at road
3.1Oct 8, 2025$31,4009,9808,5853.6 mi
84
IA-352936
Gravel · Power at road
4.6Jul 27, 2026$64,90014,08711,8875.2 mi
83
IA-662065
Dirt · Power at road
2.5Jan 31, 2026$21,7008,8538,6823.9 mi
79
IA-994044
Gravel · Full utilities
10.3Jul 27, 2026$162,80015,80911,4802.4 mi
73
IA-662113
Dirt · Power at road
2.5Jan 3, 2024$29,10011,45712,2083.3 mi
70
IA-203258
Paved · Power at road
5.8Feb 28, 2026$84,80014,54010,6947.6 mi
70
IA-381227
Gravel · Off grid
1.3Oct 24, 2024$10,9008,1348,3983.1 mi
67
IA-512797
Gravel · Power at road
4.2Aug 18, 2024$63,40015,20313,8169.7 mi
65
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%

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.