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Clinton County, IA · Sold

IA-405554

2740 County Road 218

$286,600
$9,323/ac · 30.74 ac
Acreage30.74 ac
Price per acre$9,323/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedMar 29, 2024
Coordinates41.9561, -90.4678
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

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

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

477 ft of deeded road frontage.

Power119 ft away

Power at or near the road.

Buildable area27.92 of 30.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$286,375
$231,702$341,048 · $9,316/ac on 30.74 ac
Asking vs estimate
+0.1%
In line with the comp set

Weighted from 10 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 $286,600
Maximum allowable offer
$163,643
$5,323/ac · +30.0% target margin

You need $122,957 off asking to hit this margin.

All-in cost$177,553
Net resale$263,465
Projected profit$85,912
ROI+48.4%
Annualized+69.2%
Break-even resale$6,278/ac
Profit if resale lands off target
-20%
$33,219
-10%
$59,566
0%
$85,912
+10%
$112,259
+20%
$138,605
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-365674
Dirt · Off grid
33.5Jan 3, 2026$259,8007,7489,4853.6 mi
83
IA-345945
Gravel · Off grid
40.8Dec 28, 2025$325,5007,9778,7023.2 mi
82
IA-175167
Gravel · Power at road
23.2Feb 25, 2026$289,70012,47310,4867.7 mi
77
IA-316281
Gravel · Full utilities
52.0Jul 27, 2026$639,50012,2859,5569.4 mi
75
IA-674536
Dirt · Power at road
14.7Jan 29, 2026$145,7009,9129,1915.8 mi
74
IA-605120
Gravel · Full utilities
22.4Dec 3, 2025$287,50012,8078,8678.6 mi
72
IA-157103
Gravel · Off grid
94.4Jul 27, 2026$995,70010,54513,4514.0 mi
71
IA-336934
Gravel · Power at road
83.5Jan 28, 2026$529,7006,3416,8152.4 mi
70
IA-515619
Paved · Off grid
32.2Oct 12, 2023$329,50010,2269,8927.3 mi
70
IA-636200
Dirt · Full utilities
49.1Jan 29, 2025$340,7006,9406,5916.6 mi
69
Show adjustment detail for the top comp
  • Tract size (33.53 ac → 30.74 ac)+1.4%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (7 mo)+2.6%

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.