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Linn County, IA · Sold

IA-105042

2243 County Road 384

$155,300
$7,322/ac · 21.21 ac
Acreage21.21 ac
Price per acre$7,322/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedMay 6, 2026
Coordinates42.0272, -91.5157
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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

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

View Linn market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands36.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.3%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,185 ft of deeded road frontage.

Power194 ft away

Power at or near the road.

Buildable area12.73 of 21.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$192,183
$146,580$237,786 · $9,061/ac on 21.21 ac
Asking vs estimate
-19.2%
Priced below the comp set

Weighted from 5 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 $155,300
Maximum allowable offer
$109,819
$5,178/ac · +30.0% target margin

You need $45,481 off asking to hit this margin.

All-in cost$119,154
Net resale$176,809
Projected profit$57,655
ROI+48.4%
Annualized+69.2%
Break-even resale$6,106/ac
Profit if resale lands off target
-20%
$22,293
-10%
$39,974
0%
$57,655
+10%
$75,336
+20%
$93,017
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-864580
Dirt · Full utilities
15.2Jul 27, 2026$166,80010,9868,6708.9 mi
85
IA-305674
Gravel · Full utilities
33.5Jul 27, 2026$292,5008,7236,6038.1 mi
76
IA-705849
Landlocked · Power at road
38.1Dec 22, 2025$332,5008,73512,4291.6 mi
75
IA-274146
Dirt · Off grid
11.1Jul 27, 2026$73,2006,5987,25010.3 mi
75
IA-155778
Landlocked · Full utilities
36.2Jul 4, 2024$314,4008,69510,6536.2 mi
64
Show adjustment detail for the top comp
  • Tract size (15.18 ac → 21.21 ac)-3.9%
  • Utilities (Full utilities → Power at road)-18.0%

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.