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Fayette County, IA · Sold

IA-880276

3942 County Road 230

$7,700
$11,493/ac · 0.67 ac
Acreage0.67 ac
Price per acre$11,493/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedDec 12, 2024
Coordinates42.8805, -91.7455
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

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

View Fayette market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope8.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

140 ft of deeded road frontage.

Power143 ft away

Power at or near the road.

Buildable area0.63 of 0.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,233
$6,721$9,746 · $12,289/ac on 0.67 ac
Asking vs estimate
-6.5%
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 $7,700
Maximum allowable offer
$4,705
$7,022/ac · +30.0% target margin

You need $2,995 off asking to hit this margin.

All-in cost$5,105
Net resale$7,575
Projected profit$2,470
ROI+48.4%
Annualized+69.2%
Break-even resale$8,282/ac
Profit if resale lands off target
-20%
$955
-10%
$1,712
0%
$2,470
+10%
$3,227
+20%
$3,985
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-250288
Gravel · Power at road
0.7Jul 27, 2026$7,10010,45910,4835.4 mi
90
IA-420258
Dirt · Power at road
0.7Apr 12, 2024$4,8007,3489,3844.7 mi
80
IA-730778
Gravel · Full utilities
1.0Jan 5, 2026$16,40016,95414,2964.9 mi
77
IA-920709
Gravel · Full utilities
0.9Sep 14, 2025$11,90012,88510,9984.0 mi
76
IA-530977
Dirt · Power at road
1.1Feb 16, 2026$12,60011,23713,4009.4 mi
72
IA-380067
Dirt · Power at road
0.6Jan 7, 2025$5,5009,54211,83110.2 mi
72
IA-180627
Dirt · Power at road
0.9Dec 24, 2023$11,10012,73616,4894.8 mi
69
Show adjustment detail for the top comp

    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.