Clayton County, IA · Sold

IA-928608

9178 County Road 157

$1,969,800

$7,012/ac · 281 ac

Offer report Market this tract

Acreage281 ac

Price per acre$7,012/ac

ZoningRecreational

Road accessDirt

UtilitiesFull utilities

TopographySloped

ListedFeb 4, 2024

Coordinates42.7578, -91.2450

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands6.4% of tract

Little to no mapped wetland coverage.

Average slope20.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,826 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area157.75 of 280.90 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,383,789

$1,072,702 – $1,694,875 · $4,926/ac on 281 ac

Asking vs estimate

+42.3%

Priced above 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 $1,969,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$790,737

$2,815/ac · +30.0% target margin

You need $1,179,063 off asking to hit this margin.

All-in cost$857,950

Net resale$1,273,086

Projected profit$415,136

ROI+48.4%

Annualized+69.2%

Break-even resale$3,320/ac

Profit if resale lands off target

-20%

$160,519

-10%

$287,828

$415,136

+10%

$542,445

+20%

$669,753

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-718622 Dirt · Full utilities	283.8	Jul 27, 2026	$1,274,600	4,492	4,515	11.0 mi	91
IA-878734 Dirt · Power at road	307.7	Jul 27, 2026	$1,572,400	5,110	6,415	3.6 mi	88
IA-248615 Dirt · Power at road	282.3	Jul 2, 2026	$759,500	2,690	3,303	10.8 mi	85
IA-468320 Paved · Off grid	228.0	Feb 15, 2026	$844,700	3,705	3,727	10.8 mi	75
IA-798786 Paved · Power at road	319.6	Oct 29, 2024	$1,472,800	4,609	4,576	3.8 mi	73
IA-729998 Dirt · Power at road	768.9	Jun 27, 2026	$1,903,200	2,475	4,107	8.5 mi	71
IA-707545 Gravel · Power at road	130.1	Oct 22, 2025	$898,600	6,910	6,062	2.7 mi	69
IA-228139 Paved · Power at road	200.0	Sep 7, 2024	$1,386,100	6,931	6,052	5.5 mi	68
IA-207639 Gravel · Off grid	139.2	Nov 11, 2024	$757,900	5,444	5,940	6.3 mi	62

Show adjustment detail for the top comp

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.

Build the listing kit Post a deal or JV