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Clayton County, IA · Sold

IA-228139

7812 County Road 367

$1,383,300
$6,917/ac · 200 ac
Acreage200 ac
Price per acre$6,917/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedNov 6, 2023
Coordinates42.7517, -91.3533
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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands0.4% of tract

Little to no mapped wetland coverage.

Average slope7.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,397 ft of deeded road frontage.

Power143 ft away

Power at or near the road.

Buildable area189.22 of 199.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,274,598
$958,624$1,590,573 · $6,374/ac on 200 ac
Asking vs estimate
+8.5%
Priced above the comp set

Weighted from 8 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 $1,383,300
Maximum allowable offer
$728,342
$3,642/ac · +30.0% target margin

You need $654,958 off asking to hit this margin.

All-in cost$790,251
Net resale$1,172,631
Projected profit$382,379
ROI+48.4%
Annualized+69.2%
Break-even resale$4,295/ac
Profit if resale lands off target
-20%
$147,853
-10%
$265,116
0%
$382,379
+10%
$499,643
+20%
$616,906
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-878734
Dirt · Power at road
307.7Jul 27, 2026$1,572,4005,1107,9463.4 mi
86
IA-468320
Paved · Off grid
228.0Feb 15, 2026$844,7003,7054,61611.4 mi
83
IA-248615
Dirt · Power at road
282.3Jul 2, 2026$759,5002,6904,09112.1 mi
82
IA-718622
Dirt · Full utilities
283.8Jul 27, 2026$1,274,6004,4925,5929.5 mi
77
IA-798786
Paved · Power at road
319.6Oct 29, 2024$1,472,8004,6095,6677.0 mi
74
IA-707545
Gravel · Power at road
130.1Oct 22, 2025$898,6006,9107,5095.8 mi
73
IA-928608
Dirt · Full utilities
280.9Dec 15, 2024$1,853,6006,5998,7455.5 mi
69
IA-207639
Gravel · Off grid
139.2Nov 11, 2024$757,9005,4447,3579.0 mi
66
Show adjustment detail for the top comp
  • Tract size (307.74 ac → 199.98 ac)+13.1%
  • Access (Dirt → Paved)+37.2%

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.