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Clinton County, IA · Sold

IA-530340

5842 County Road 399

$7,300
$10,429/ac · 0.70 ac
Acreage0.70 ac
Price per acre$10,429/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedJul 28, 2024
Coordinates41.9407, -90.5207
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
26
Low risk
Wetlands17.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.7%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

196 ft of deeded road frontage.

Power3,148 ft away

Service extension needed; get a utility quote.

Buildable area0.55 of 0.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,957
$6,134$9,780 · $11,367/ac on 0.70 ac
Asking vs estimate
-8.3%
Priced below the comp set

Weighted from 7 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 $7,300
Maximum allowable offer
$4,547
$6,495/ac · +30.0% target margin

You need $2,753 off asking to hit this margin.

All-in cost$4,933
Net resale$7,320
Projected profit$2,387
ROI+48.4%
Annualized+69.2%
Break-even resale$7,661/ac
Profit if resale lands off target
-20%
$923
-10%
$1,655
0%
$2,387
+10%
$3,119
+20%
$3,851
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-861119
Gravel · Off grid
1.2Feb 11, 2026$10,0008,0618,2793.3 mi
83
IA-101506
Paved · Off grid
1.6Dec 1, 2025$14,7008,9457,8802.9 mi
70
IA-481509
Gravel · Off grid
1.6Feb 19, 2024$21,80013,29114,8231.9 mi
67
IA-521167
Gravel · Power at road
1.3Sep 10, 2024$17,00013,27612,2738.8 mi
64
IA-991112
Landlocked · Power at road
1.2Sep 14, 2024$13,10010,64314,4558.7 mi
62
IA-641753
Landlocked · Off grid
2.0Oct 22, 2024$13,2006,71810,7714.5 mi
62
IA-261669
Gravel · Power at road
1.8Mar 30, 2024$24,00013,04812,3438.4 mi
59
Show adjustment detail for the top comp
  • Tract size (1.24 ac → 0.7 ac)+0.6%
  • 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.