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Linn County, IA · Sold

IA-177325

2713 County Road 232

$749,400
$6,758/ac · 111 ac
Acreage111 ac
Price per acre$6,758/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedAug 19, 2023
Coordinates42.0564, -91.6353
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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

4 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands19.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power224 ft away

Power at or near the road.

Buildable area85.01 of 110.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$594,186
$451,636$736,737 · $5,358/ac on 111 ac
Asking vs estimate
+26.1%
Priced above the comp set

Weighted from 8 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 $749,400
Maximum allowable offer
$339,535
$3,062/ac · +30.0% target margin

You need $409,865 off asking to hit this margin.

All-in cost$368,395
Net resale$546,651
Projected profit$178,256
ROI+48.4%
Annualized+69.2%
Break-even resale$3,611/ac
Profit if resale lands off target
-20%
$68,926
-10%
$123,591
0%
$178,256
+10%
$232,921
+20%
$287,586
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-486985
Gravel · Power at road
86.7Apr 24, 2026$831,4009,5926,2215.2 mi
85
IA-937215
Landlocked · Off grid
102.4Apr 9, 2026$405,0003,9554,6295.5 mi
84
IA-308076
Dirt · Power at road
191.1Jul 27, 2026$822,7004,3063,9414.3 mi
80
IA-618722
Gravel · Off grid
305.1Jul 27, 2026$1,253,9004,1104,3482.4 mi
73
IA-305674
Gravel · Full utilities
33.5Jul 27, 2026$292,5008,7233,7772.4 mi
71
IA-998917
Paved · Power at road
351.4Jul 27, 2026$3,140,7008,9397,1005.1 mi
71
IA-705849
Landlocked · Power at road
38.1Dec 22, 2025$332,5008,7357,1097.7 mi
68
IA-155778
Landlocked · Full utilities
36.2Jul 4, 2024$314,4008,6956,0935.9 mi
59
Show adjustment detail for the top comp
  • Tract size (86.68 ac → 110.89 ac)-5.9%
  • Access (Gravel → Landlocked)-32.0%
  • Market time (4 mo)+1.3%

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.