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Allamakee County, IA · Sold

IA-882038

9331 County Road 290

$38,600
$16,017/ac · 2.41 ac
Acreage2.41 ac
Price per acre$16,017/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedSep 1, 2023
Coordinates43.3132, -91.3924
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

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands0.1% of tract

Little to no mapped wetland coverage.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

214 ft of deeded road frontage.

Power10,036 ft away

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

Buildable area2.29 of 2.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$26,729
$19,371$34,086 · $11,091/ac on 2.41 ac
Asking vs estimate
+44.4%
Priced above the comp set

Weighted from 5 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 $38,600
Maximum allowable offer
$15,273
$6,338/ac · +30.0% target margin

You need $23,327 off asking to hit this margin.

All-in cost$16,571
Net resale$24,590
Projected profit$8,019
ROI+48.4%
Annualized+69.3%
Break-even resale$7,474/ac
Profit if resale lands off target
-20%
$3,101
-10%
$5,560
0%
$8,019
+10%
$10,478
+20%
$12,937
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-491377
Paved · Off grid
1.5Nov 11, 2024$25,30017,00213,1853.0 mi
75
IA-671414
Landlocked · Off grid
1.5Nov 14, 2025$13,3008,71011,2645.9 mi
73
IA-793606
Gravel · Off grid
7.5Jul 27, 2026$65,5008,7357,8896.2 mi
71
IA-963263
Dirt · Off grid
5.8May 29, 2024$80,10013,69215,4571.9 mi
71
IA-760085
Dirt · Off grid
0.6Apr 5, 2026$4,3007,4267,4006.0 mi
68
Show adjustment detail for the top comp
  • Tract size (1.49 ac → 2.41 ac)-0.9%
  • Access (Paved → Dirt)-27.1%
  • Market time (21 mo)+7.4%

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.