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Clinton County, IA · Sold

IA-477628

1517 County Road 61

$632,200
$4,578/ac · 138 ac
Acreage138 ac
Price per acre$4,578/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMay 7, 2026
Coordinates41.9060, -90.5279
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

5 items to verify before you offer.

Risk index
30
Low risk
Wetlands13.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.7%

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.

Power10,260 ft away

A long utility run — price in solar/off-grid instead.

Buildable area112.97 of 138.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$800,446
$576,321$1,024,571 · $5,796/ac on 138 ac
Asking vs estimate
-21.0%
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 $632,200
Maximum allowable offer
$457,398
$3,312/ac · +30.0% target margin

You need $174,802 off asking to hit this margin.

All-in cost$496,277
Net resale$736,410
Projected profit$240,134
ROI+48.4%
Annualized+69.2%
Break-even resale$3,906/ac
Profit if resale lands off target
-20%
$92,851
-10%
$166,493
0%
$240,134
+10%
$313,775
+20%
$387,416
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-157103
Gravel · Off grid
94.4Jul 27, 2026$995,70010,5458,2551.3 mi
84
IA-658670
Dirt · Off grid
293.8Jul 27, 2026$808,1002,7503,4004.8 mi
79
IA-257316
Gravel · Off grid
110.2Jul 24, 2025$842,6007,6486,4826.6 mi
75
IA-336934
Gravel · Power at road
83.5Jan 28, 2026$529,7006,3414,1824.0 mi
73
IA-345945
Gravel · Off grid
40.8Dec 28, 2025$325,5007,9775,3403.3 mi
71
IA-316281
Gravel · Full utilities
52.0Jul 27, 2026$639,50012,2855,8644.8 mi
71
IA-508810
Paved · Off grid
325.2Nov 9, 2025$2,945,7009,0598,6571.2 mi
71
IA-978375
Gravel · Power at road
237.3Sep 30, 2024$1,458,1006,1455,6215.9 mi
69
IA-636200
Dirt · Full utilities
49.1Jan 29, 2025$340,7006,9404,0452.9 mi
65
Show adjustment detail for the top comp
  • Tract size (94.42 ac → 138.11 ac)-9.2%
  • Access (Gravel → Dirt)-14.0%

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.