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Winneshiek County, IA · Sold

IA-203258

7908 County Road 247

$84,600
$14,511/ac · 5.83 ac
Acreage5.83 ac
Price per acre$14,511/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedDec 29, 2024
Coordinates43.2962, -91.7875
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
23
Low risk
Wetlands11.4% of tract

Little to no mapped wetland coverage.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power126 ft away

Power at or near the road.

Buildable area4.91 of 5.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$80,424
$65,498$95,350 · $13,795/ac on 5.83 ac
Asking vs estimate
+5.2%
Priced above 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 $84,600
Maximum allowable offer
$45,957
$7,883/ac · +30.0% target margin

You need $38,643 off asking to hit this margin.

All-in cost$49,863
Net resale$73,990
Projected profit$24,127
ROI+48.4%
Annualized+69.2%
Break-even resale$9,297/ac
Profit if resale lands off target
-20%
$9,329
-10%
$16,728
0%
$24,127
+10%
$31,526
+20%
$38,925
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-352936
Gravel · Power at road
4.6Jul 27, 2026$64,90014,08716,4755.3 mi
83
IA-132737
Gravel · Off grid
4.0Jul 27, 2026$36,2009,07512,4162.3 mi
81
IA-352457
Dirt · Full utilities
3.3Jul 27, 2026$35,60010,93012,0291.2 mi
79
IA-994044
Gravel · Full utilities
10.3Jul 27, 2026$162,80015,80915,9119.2 mi
78
IA-512797
Gravel · Power at road
4.2Aug 18, 2024$63,40015,20319,1485.7 mi
74
IA-822361
Landlocked · Full utilities
3.0Jul 27, 2026$30,80010,12614,0667.6 mi
73
IA-634363
Gravel · Full utilities
13.0Jul 27, 2026$128,2009,88110,1527.6 mi
72
IA-854759
Gravel · Power at road
17.3Jul 27, 2026$176,40010,20713,1915.9 mi
72
IA-102408
Gravel · Power at road
3.1Oct 8, 2025$31,4009,98011,8989.6 mi
68
IA-662065
Dirt · Power at road
2.5Jan 31, 2026$21,7008,85312,0348.1 mi
68
Show adjustment detail for the top comp
  • Tract size (4.61 ac → 5.83 ac)-1.1%
  • Access (Gravel → Paved)+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.