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Clayton County, IA · Sold

IA-468320

6343 County Road 260

$964,300
$4,229/ac · 228 ac
Acreage228 ac
Price per acre$4,229/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedOct 21, 2025
Coordinates42.9101, -91.2893
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

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

View Clayton market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands4.0% of tract

Little to no mapped wetland coverage.

Average slope25.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power3,932 ft away

Service extension needed; get a utility quote.

Buildable area131.33 of 228.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,221,501
$945,179$1,497,823 · $5,357/ac on 228 ac
Asking vs estimate
-21.1%
Priced below the comp set

Weighted from 9 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 $964,300
Maximum allowable offer
$698,001
$3,061/ac · +30.0% target margin

You need $266,299 off asking to hit this margin.

All-in cost$757,331
Net resale$1,123,781
Projected profit$366,450
ROI+48.4%
Annualized+69.2%
Break-even resale$3,610/ac
Profit if resale lands off target
-20%
$141,694
-10%
$254,072
0%
$366,450
+10%
$478,828
+20%
$591,206
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-248615
Dirt · Power at road
282.3Jul 2, 2026$759,5002,6903,3521.2 mi
88
IA-878734
Dirt · Power at road
307.7Jul 27, 2026$1,572,4005,1106,5108.7 mi
83
IA-718622
Dirt · Full utilities
283.8Jul 27, 2026$1,274,6004,4924,5824.3 mi
82
IA-228139
Paved · Power at road
200.0Sep 7, 2024$1,386,1006,9316,14111.4 mi
75
IA-798786
Paved · Power at road
319.6Oct 29, 2024$1,472,8004,6094,6437.2 mi
74
IA-729998
Dirt · Power at road
768.9Jun 27, 2026$1,903,2002,4754,1682.3 mi
70
IA-928608
Dirt · Full utilities
280.9Dec 15, 2024$1,853,6006,5997,16510.8 mi
68
IA-207639
Gravel · Off grid
139.2Nov 11, 2024$757,9005,4446,0285.0 mi
68
IA-707545
Gravel · Power at road
130.1Oct 22, 2025$898,6006,9106,1528.1 mi
68
Show adjustment detail for the top comp
  • Tract size (282.33 ac → 228 ac)+6.3%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (1 mo)+0.5%

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.