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Allamakee County, IA · Sold

IA-760085

9379 County Road 2

$4,900
$8,448/ac · 0.58 ac
Acreage0.58 ac
Price per acre$8,448/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedSep 11, 2025
Coordinates43.2382, -91.4520
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

Allamakee County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

View Allamakee market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands30.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power12,822 ft away

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

Buildable area0.38 of 0.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,559
$6,862$10,256 · $14,756/ac on 0.58 ac
Asking vs estimate
-42.7%
Priced below the comp set

Weighted from 4 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 $4,900
Maximum allowable offer
$4,891
$8,432/ac · +30.0% target margin

You need $9 off asking to hit this margin.

All-in cost$5,307
Net resale$7,874
Projected profit$2,567
ROI+48.4%
Annualized+69.2%
Break-even resale$9,945/ac
Profit if resale lands off target
-20%
$992
-10%
$1,780
0%
$2,567
+10%
$3,355
+20%
$4,142
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-671414
Landlocked · Off grid
1.5Nov 14, 2025$13,3008,71011,4751.8 mi
70
IA-491377
Paved · Off grid
1.5Nov 11, 2024$25,30017,00213,4338.9 mi
60
IA-882038
Dirt · Off grid
2.4Mar 12, 2024$41,20017,10619,2056.0 mi
58
IA-963263
Dirt · Off grid
5.8May 29, 2024$80,10013,69215,7487.8 mi
52
Show adjustment detail for the top comp
  • Tract size (1.53 ac → 0.58 ac)+1.0%
  • Access (Landlocked → Dirt)+26.5%
  • Market time (9 mo)+3.2%

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.