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Linn County, IA · Sold

IA-222801

8962 County Road 10

$46,700
$11,172/ac · 4.18 ac
Acreage4.18 ac
Price per acre$11,172/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedOct 26, 2024
Coordinates41.9984, -91.5181
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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
31
Moderate risk
Wetlands11.4% of tract

Little to no mapped wetland coverage.

Average slope7.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,482 ft away

A long utility run — price in solar/off-grid instead.

Buildable area3.52 of 4.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$37,454
$30,295$44,612 · $8,960/ac on 4.18 ac
Asking vs estimate
+24.7%
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 $46,700
Maximum allowable offer
$21,402
$5,120/ac · +30.0% target margin

You need $25,298 off asking to hit this margin.

All-in cost$23,221
Net resale$34,457
Projected profit$11,236
ROI+48.4%
Annualized+69.3%
Break-even resale$6,038/ac
Profit if resale lands off target
-20%
$4,345
-10%
$7,791
0%
$11,236
+10%
$14,682
+20%
$18,128
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-742696
Gravel · Off grid
3.9Jul 27, 2026$28,8007,4147,4105.3 mi
89
IA-274146
Dirt · Off grid
11.1Jul 27, 2026$73,2006,5988,15510.9 mi
74
IA-132416
Dirt · Off grid
3.2Dec 24, 2025$31,1009,81811,61210.8 mi
74
IA-661490
Paved · Off grid
1.6Jul 27, 2026$16,80010,3878,60511.8 mi
74
IA-292426
Dirt · Off grid
3.2Oct 10, 2025$20,1006,2947,50810.3 mi
74
IA-991985
Dirt · Off grid
2.3Jul 20, 2024$21,9009,45611,7418.9 mi
68
IA-951613
Paved · Power at road
1.8Jul 26, 2025$19,60011,0528,1225.4 mi
64
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.