Clinton County, IA · Sold

IA-481509

8906 County Road 215

$20,700

$12,622/ac · 1.64 ac

Offer report Market this tract

Acreage1.64 ac

Price per acre$12,622/ac

ZoningMixed Use

Road accessGravel

UtilitiesOff grid

TopographyRolling

ListedFeb 3, 2024

Coordinates41.9556, -90.4886

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands10.4% of tract

Little to no mapped wetland coverage.

Average slope7.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

308 ft of deeded road frontage.

Power10,904 ft away

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

Buildable area1.40 of 1.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$18,269

$14,501 – $22,038 · $11,140/ac on 1.64 ac

Asking vs estimate

+13.3%

Priced above 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 $20,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$10,440

$6,366/ac · +30.0% target margin

You need $10,260 off asking to hit this margin.

All-in cost$11,327

Net resale$16,808

Projected profit$5,480

ROI+48.4%

Annualized+69.2%

Break-even resale$7,508/ac

Profit if resale lands off target

-20%

$2,119

-10%

$3,800

$5,480

+10%

$7,161

+20%

$8,842

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-101506 Paved · Off grid	1.6	Dec 1, 2025	$14,700	8,945	7,805	4.7 mi	83
IA-861119 Gravel · Off grid	1.2	Feb 11, 2026	$10,000	8,061	8,200	5.1 mi	82
IA-641753 Landlocked · Off grid	2.0	Oct 22, 2024	$13,200	6,718	10,667	6.3 mi	77
IA-261669 Gravel · Power at road	1.8	Mar 30, 2024	$24,000	13,048	12,224	10.1 mi	75
IA-462759 Gravel · Off grid	4.1	Nov 11, 2025	$58,700	14,468	15,286	6.2 mi	74
IA-521167 Gravel · Power at road	1.3	Sep 10, 2024	$17,000	13,276	12,155	9.3 mi	74
IA-353025 Gravel · Power at road	4.9	Jul 27, 2026	$64,700	13,145	11,557	4.9 mi	73
IA-530340 Gravel · Off grid	0.7	Apr 4, 2025	$6,800	9,678	10,134	1.9 mi	70
IA-202076 Dirt · Off grid	2.5	Dec 27, 2024	$19,700	7,973	9,990	5.3 mi	70
IA-991112 Landlocked · Power at road	1.2	Sep 14, 2024	$13,100	10,643	14,316	10.5 mi	66

Show adjustment detail for the top comp

Access (Paved → Gravel)-15.3%
Market time (8 mo)+3.0%

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.

Build the listing kit Post a deal or JV