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Winneshiek County, IA · Sold

IA-789962

8032 County Road 22

$3,275,300
$4,372/ac · 749 ac
Acreage749 ac
Price per acre$4,372/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedNov 11, 2024
Coordinates43.2797, -91.7600
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
23
Low risk
Wetlands15.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

4,323 ft of deeded road frontage.

Power13,256 ft away

A long utility run — price in solar/off-grid instead.

Buildable area601.33 of 749.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,721,262
$2,216,009$3,226,514 · $3,633/ac on 749 ac
Asking vs estimate
+20.4%
Priced above 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 $3,275,300
Maximum allowable offer
$1,555,007
$2,076/ac · +30.0% target margin

You need $1,720,293 off asking to hit this margin.

All-in cost$1,687,183
Net resale$2,503,561
Projected profit$816,378
ROI+48.4%
Annualized+69.2%
Break-even resale$2,448/ac
Profit if resale lands off target
-20%
$315,666
-10%
$566,022
0%
$816,378
+10%
$1,066,734
+20%
$1,317,090
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-119546
Dirt · Full utilities
554.2Jul 27, 2026$2,447,5004,4163,2705.4 mi
80
IA-799644
Gravel · Power at road
595.0Sep 16, 2025$2,325,0003,9083,2145.0 mi
77
IA-699967
Dirt · Off grid
751.8Dec 1, 2023$2,650,1003,5254,5705.4 mi
74
IA-378528
Gravel · Power at road
265.1Aug 19, 2025$1,190,8004,4922,9153.6 mi
72
IA-717791
Dirt · Off grid
155.4May 16, 2026$958,9006,1704,5803.5 mi
67
IA-117987
Dirt · Full utilities
179.1Jul 31, 2024$1,014,6005,6643,2715.4 mi
55
Show adjustment detail for the top comp
  • Tract size (554.19 ac → 749.09 ac)-8.8%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Off grid)-30.3%

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.