IA-699967
5452 County Road 397
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Winneshiek County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.
View Winneshiek market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Little to no mapped wetland coverage.
Steep ground — expect meaningful site work to build.
Outside the mapped floodplain.
Access by easement; pull and read the recorded document.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $1,631,442 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| IA-119546 Dirt · Full utilities | 554.2 | Jul 27, 2026 | $2,447,500 | 4,416 | 2,809 | 8.6 mi | 81 |
| IA-789962 Gravel · Off grid | 749.1 | Sep 28, 2025 | $3,426,000 | 4,574 | 4,074 | 5.4 mi | 81 |
| IA-799644 Gravel · Power at road | 595.0 | Sep 16, 2025 | $2,325,000 | 3,908 | 2,761 | 9.4 mi | 76 |
| IA-717791 Dirt · Off grid | 155.4 | May 16, 2026 | $958,900 | 6,170 | 3,934 | 8.5 mi | 67 |
| IA-378528 Gravel · Power at road | 265.1 | Aug 19, 2025 | $1,190,800 | 4,492 | 2,504 | 5.9 mi | 62 |
| IA-117987 Dirt · Full utilities | 179.1 | Jul 31, 2024 | $1,014,600 | 5,664 | 2,810 | 5.4 mi | 57 |
Show adjustment detail for the top comp
- Tract size (554.19 ac → 751.81 ac)-8.9%
- 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.