Winneshiek County, IA · Sold

IA-102408

1811 County Road 159

$36,300

$11,524/ac · 3.15 ac

Offer report Market this tract

Acreage3.15 ac

Price per acre$11,524/ac

ZoningRecreational

Road accessGravel

UtilitiesPower at road

TopographySloped

ListedNov 7, 2024

Coordinates43.2345, -91.9581

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands5.1% of tract

Little to no mapped wetland coverage.

Average slope17.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

209 ft of deeded road frontage.

Power131 ft away

Power at or near the road.

Buildable area2.39 of 3.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$39,789

$33,016 – $46,562 · $12,631/ac on 3.15 ac

Asking vs estimate

-8.8%

Priced below 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 $36,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$22,737

$7,218/ac · +30.0% target margin

You need $13,563 off asking to hit this margin.

All-in cost$24,670

Net resale$36,606

Projected profit$11,936

ROI+48.4%

Annualized+69.2%

Break-even resale$8,513/ac

Profit if resale lands off target

-20%

$4,615

-10%

$8,276

$11,936

+10%

$15,597

+20%

$19,257

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-822361 Landlocked · Full utilities	3.0	Jul 27, 2026	$30,800	10,126	12,220	3.6 mi	91
IA-132737 Gravel · Off grid	4.0	Jul 27, 2026	$36,200	9,075	10,787	7.3 mi	88
IA-352457 Dirt · Full utilities	3.3	Jul 27, 2026	$35,600	10,930	10,451	10.6 mi	87
IA-352936 Gravel · Power at road	4.6	Jul 27, 2026	$64,900	14,087	14,314	8.7 mi	86
IA-662065 Dirt · Power at road	2.5	Jan 31, 2026	$21,700	8,853	10,455	1.9 mi	81
IA-994044 Gravel · Full utilities	10.3	Jul 27, 2026	$162,800	15,809	13,824	1.4 mi	75
IA-512797 Gravel · Power at road	4.2	Aug 18, 2024	$63,400	15,203	16,636	9.5 mi	71
IA-203258 Paved · Power at road	5.8	Feb 28, 2026	$84,800	14,540	12,877	9.6 mi	71
IA-381227 Gravel · Off grid	1.3	Oct 24, 2024	$10,900	8,134	10,113	2.6 mi	71
IA-270852 Gravel · Power at road	1.0	Feb 7, 2026	$15,900	15,544	15,549	5.5 mi	70

Show adjustment detail for the top comp

Access (Landlocked → Gravel)+47.1%
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.

Build the listing kit Post a deal or JV