Clinton County, IA · Sold

IA-521167

964 County Road 292

$20,400

$15,938/ac · 1.28 ac

Offer report Market this tract

Acreage1.28 ac

Price per acre$15,938/ac

ZoningMixed Use

Road accessGravel

UtilitiesPower at road

TopographyFlat

ListedNov 7, 2023

Coordinates41.8236, -90.4514

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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

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

View Clinton market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Low risk

Wetlands15.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power118 ft away

Power at or near the road.

Buildable area1.03 of 1.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$17,277

$13,253 – $21,301 · $13,498/ac on 1.28 ac

Asking vs estimate

+18.1%

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 $20,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$9,873

$7,713/ac · +30.0% target margin

You need $10,527 off asking to hit this margin.

All-in cost$10,712

Net resale$15,895

Projected profit$5,183

ROI+48.4%

Annualized+69.2%

Break-even resale$9,097/ac

Profit if resale lands off target

-20%

$2,004

-10%

$3,593

$5,183

+10%

$6,772

+20%

$8,362

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-861119 Gravel · Off grid	1.2	Feb 11, 2026	$10,000	8,061	9,682	7.4 mi	82
IA-101506 Paved · Off grid	1.6	Dec 1, 2025	$14,700	8,945	9,216	7.5 mi	75
IA-261669 Gravel · Power at road	1.8	Mar 30, 2024	$24,000	13,048	14,434	7.1 mi	74
IA-991112 Landlocked · Power at road	1.2	Sep 14, 2024	$13,100	10,643	16,904	9.6 mi	73
IA-481509 Gravel · Off grid	1.6	Feb 19, 2024	$21,800	13,291	17,335	9.3 mi	72
IA-462759 Gravel · Off grid	4.1	Nov 11, 2025	$58,700	14,468	18,049	8.1 mi	69
IA-641753 Landlocked · Off grid	2.0	Oct 22, 2024	$13,200	6,718	12,596	11.0 mi	68
IA-530340 Gravel · Off grid	0.7	Apr 4, 2025	$6,800	9,678	11,967	8.8 mi	67
IA-202076 Dirt · Off grid	2.5	Dec 27, 2024	$19,700	7,973	11,796	4.4 mi	65

Show adjustment detail for the top comp

Utilities (Off grid → Power at road)+17.6%
Market time (6 mo)+2.1%

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.

Build the listing kit Post a deal or JV