Allamakee County, IA · Sold

IA-406897

7237 County Road 99

$556,100

$6,838/ac · 81.33 ac

Offer report Market this tract

Acreage81.33 ac

Price per acre$6,838/ac

ZoningMixed Use

Road accessDirt

UtilitiesOff grid

TopographyFlat

ListedJan 2, 2026

Coordinates43.2233, -91.3237

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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

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands24.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.1%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

706 ft of deeded road frontage.

Power11,632 ft away

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

Buildable area58.26 of 81.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$642,842

$504,936 – $780,748 · $7,904/ac on 81.33 ac

Asking vs estimate

-13.5%

Priced below the comp set

Weighted from 6 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 $556,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$367,338

$4,517/ac · +30.0% target margin

You need $188,762 off asking to hit this margin.

All-in cost$398,562

Net resale$591,415

Projected profit$192,853

ROI+48.4%

Annualized+69.3%

Break-even resale$5,327/ac

Profit if resale lands off target

-20%

$74,570

-10%

$133,712

$192,853

+10%

$251,994

+20%

$311,136

Comparable sales6 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-636502 Paved · Power at road	61.1	Jul 14, 2026	$758,400	12,414	7,239	8.4 mi	83
IA-976961 Landlocked · Off grid	85.2	Feb 21, 2026	$420,900	4,941	6,445	7.1 mi	82
IA-775711 Dirt · Off grid	34.4	Aug 18, 2025	$253,600	7,365	6,440	3.6 mi	71
IA-187600 Gravel · Full utilities	135.3	Feb 2, 2025	$1,351,500	9,986	7,228	10.1 mi	64
IA-767815 Paved · Full utilities	158.2	Mar 27, 2025	$2,577,100	16,296	10,358	7.6 mi	64
IA-838129 Dirt · Full utilities	198.5	Feb 25, 2024	$2,172,400	10,942	10,593	4.8 mi	62

Show adjustment detail for the top comp

Tract size (61.09 ac → 81.33 ac)-6.2%
Access (Paved → Dirt)-27.1%
Utilities (Power at road → Off grid)-15.0%
Market time (1 mo)+0.4%

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.

Build the listing kit Post a deal or JV