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Winneshiek County, IA · Sold

IA-976513

5649 County Road 148

$429,500
$6,975/ac · 61.58 ac
Acreage61.58 ac
Price per acre$6,975/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedMar 19, 2026
Coordinates43.2358, -91.9571
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

3 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands4.1% of tract

Little to no mapped wetland coverage.

Average slope23.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,722 ft of deeded road frontage.

Power11,156 ft away

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

Buildable area35.43 of 61.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$489,917
$393,355$586,480 · $7,956/ac on 61.58 ac
Asking vs estimate
-12.3%
Priced below the comp set

Weighted from 7 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 $429,500
Maximum allowable offer
$279,953
$4,546/ac · +30.0% target margin

You need $149,547 off asking to hit this margin.

All-in cost$303,749
Net resale$450,724
Projected profit$146,975
ROI+48.4%
Annualized+69.2%
Break-even resale$5,362/ac
Profit if resale lands off target
-20%
$56,830
-10%
$101,903
0%
$146,975
+10%
$192,047
+20%
$237,120
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-785742
Gravel · Off grid
35.2Feb 26, 2026$249,3007,0776,47411.8 mi
73
IA-185602
Gravel · Off grid
31.8Sep 25, 2025$241,7007,5936,94610.7 mi
69
IA-717791
Dirt · Off grid
155.4May 16, 2026$958,9006,1709,08612.6 mi
67
IA-897067
Dirt · Power at road
92.0Apr 5, 2024$848,2009,22110,9817.8 mi
65
IA-715355
Dirt · Off grid
26.6Apr 15, 2024$173,4006,5187,1357.8 mi
60
IA-117987
Dirt · Full utilities
179.1Jul 31, 2024$1,014,6005,6646,4896.8 mi
57
IA-524915
Gravel · Power at road
19.4May 27, 2024$220,10011,3738,67211.1 mi
56
Show adjustment detail for the top comp
  • Tract size (35.23 ac → 61.58 ac)-10.3%
  • Market time (6 mo)+2.0%

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.