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Allamakee County, IA · Sold

IA-304461

2093 County Road 12

$140,100
$10,057/ac · 13.93 ac
Acreage13.93 ac
Price per acre$10,057/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedAug 15, 2023
Coordinates43.2178, -91.4282
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
13
Low risk
Wetlands7.1% of tract

Little to no mapped wetland coverage.

Average slope7.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

768 ft of deeded road frontage.

Power3,610 ft away

Service extension needed; get a utility quote.

Buildable area12.29 of 13.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$153,836
$115,146$192,526 · $11,044/ac on 13.93 ac
Asking vs estimate
-8.9%
Priced below 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 $140,100
Maximum allowable offer
$87,906
$6,311/ac · +30.0% target margin

You need $52,194 off asking to hit this margin.

All-in cost$95,378
Net resale$141,529
Projected profit$46,151
ROI+48.4%
Annualized+69.3%
Break-even resale$7,442/ac
Profit if resale lands off target
-20%
$17,845
-10%
$31,998
0%
$46,151
+10%
$60,304
+20%
$74,457
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-584650
Dirt · Power at road
16.0Nov 16, 2025$250,40015,68213,9499.4 mi
78
IA-793606
Gravel · Off grid
7.5Jul 27, 2026$65,5008,7357,1578.8 mi
75
IA-754496
Dirt · Power at road
14.3May 29, 2024$178,40012,49411,6378.8 mi
73
IA-775711
Dirt · Off grid
34.4Aug 18, 2025$253,6007,3658,6723.9 mi
70
IA-963263
Dirt · Off grid
5.8May 29, 2024$80,10013,69214,0248.4 mi
63
Show adjustment detail for the top comp
  • Tract size (15.97 ac → 13.93 ac)+1.5%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (9 mo)+3.1%

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.