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Fayette County, IA · Sold

IA-730778

3462 County Road 321

$19,100
$19,691/ac · 0.97 ac
Acreage0.97 ac
Price per acre$19,691/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedMar 13, 2025
Coordinates42.9384, -91.8018
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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

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

3 items to verify before you offer.

Risk index
14
Low risk
Wetlands14.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

89 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.79 of 0.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,079
$11,530$16,628 · $14,514/ac on 0.97 ac
Asking vs estimate
+35.7%
Priced above 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 $19,100
Maximum allowable offer
$8,045
$8,294/ac · +30.0% target margin

You need $11,055 off asking to hit this margin.

All-in cost$8,729
Net resale$12,953
Projected profit$4,224
ROI+48.4%
Annualized+69.3%
Break-even resale$9,781/ac
Profit if resale lands off target
-20%
$1,633
-10%
$2,929
0%
$4,224
+10%
$5,519
+20%
$6,814
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-920709
Gravel · Full utilities
0.9Sep 14, 2025$11,90012,88513,3762.0 mi
89
IA-530977
Dirt · Power at road
1.1Feb 16, 2026$12,60011,23716,2979.2 mi
82
IA-250288
Gravel · Power at road
0.7Jul 27, 2026$7,10010,45912,7499.5 mi
79
IA-880276
Gravel · Power at road
0.7Nov 16, 2025$7,00010,48113,1474.9 mi
76
IA-180627
Dirt · Power at road
0.9Dec 24, 2023$11,10012,73620,0540.2 mi
74
IA-420258
Dirt · Power at road
0.7Apr 12, 2024$4,8007,34811,4137.6 mi
64
IA-380067
Dirt · Power at road
0.6Jan 7, 2025$5,5009,54214,38910.2 mi
63
Show adjustment detail for the top comp
  • Market time (11 mo)+3.9%

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.