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Winneshiek County, IA · Sold

IA-364724

1656 County Road 345

$128,300
$7,614/ac · 16.85 ac
Acreage16.85 ac
Price per acre$7,614/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedSep 28, 2023
Coordinates43.2385, -91.9144
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
26
Low risk
Wetlands14.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

931 ft of deeded road frontage.

Power6,438 ft away

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

Buildable area13.67 of 16.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$127,846
$109,858$145,834 · $7,587/ac on 16.85 ac
Asking vs estimate
+0.4%
In line with the comp set

Weighted from 9 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 $128,300
Maximum allowable offer
$73,055
$4,336/ac · +30.0% target margin

You need $55,245 off asking to hit this margin.

All-in cost$79,265
Net resale$117,618
Projected profit$38,353
ROI+48.4%
Annualized+69.2%
Break-even resale$5,113/ac
Profit if resale lands off target
-20%
$14,830
-10%
$26,592
0%
$38,353
+10%
$50,115
+20%
$61,877
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-854759
Gravel · Power at road
17.3Jul 27, 2026$176,40010,2077,5005.4 mi
90
IA-634363
Gravel · Full utilities
13.0Jul 27, 2026$128,2009,8815,7723.4 mi
87
IA-994044
Gravel · Full utilities
10.3Jul 27, 2026$162,80015,8099,0462.7 mi
79
IA-414657
Paved · Full utilities
16.1Nov 28, 2025$210,60013,1226,8259.6 mi
77
IA-785742
Gravel · Off grid
35.2Feb 26, 2026$249,3007,0776,8999.7 mi
70
IA-715355
Dirt · Off grid
26.6Apr 15, 2024$173,4006,5187,6046.0 mi
69
IA-524915
Gravel · Power at road
19.4May 27, 2024$220,10011,3739,2429.0 mi
68
IA-185602
Gravel · Off grid
31.8Sep 25, 2025$241,7007,5937,4028.7 mi
68
IA-203258
Paved · Power at road
5.8Feb 28, 2026$84,80014,5408,4277.5 mi
66
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%

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.