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Allamakee County, IA · Sold

IA-579960

690 County Road 35

$3,605,300
$4,820/ac · 748 ac
Acreage748 ac
Price per acre$4,820/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedJun 2, 2025
Coordinates43.2870, -91.3132
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
12
Low risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope10.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,854 ft of deeded road frontage.

Power670 ft away

Power at or near the road.

Buildable area663.71 of 748.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,853,942
$3,076,059$4,631,825 · $5,152/ac on 748 ac
Asking vs estimate
-6.5%
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 $3,605,300
Maximum allowable offer
$2,202,253
$2,944/ac · +30.0% target margin

You need $1,403,047 off asking to hit this margin.

All-in cost$2,389,445
Net resale$3,545,627
Projected profit$1,156,182
ROI+48.4%
Annualized+69.2%
Break-even resale$3,472/ac
Profit if resale lands off target
-20%
$447,057
-10%
$801,619
0%
$1,156,182
+10%
$1,510,745
+20%
$1,865,307
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-659913
Gravel · Off grid
723.0Oct 6, 2024$2,958,6004,0924,3666.3 mi
78
IA-549047
Paved · Off grid
386.1May 11, 2025$2,263,9005,8644,2834.7 mi
68
IA-838129
Dirt · Full utilities
198.5Feb 25, 2024$2,172,40010,9426,6121.1 mi
58
IA-187600
Gravel · Full utilities
135.3Feb 2, 2025$1,351,5009,9864,5127.9 mi
56
IA-767815
Paved · Full utilities
158.2Mar 27, 2025$2,577,10016,2966,4658.9 mi
55
Show adjustment detail for the top comp
  • Tract size (722.97 ac → 748.01 ac)-1.0%
  • Market time (22 mo)+7.8%

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.