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Linn County, IA · Sold

IA-618722

5811 County Road 228

$1,219,700
$3,998/ac · 305 ac
Acreage305 ac
Price per acre$3,998/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedMar 15, 2026
Coordinates42.0230, -91.6210
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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
Wetlands32.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.2%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

4,170 ft of deeded road frontage.

Power8,216 ft away

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

Buildable area196.50 of 305.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,502,323
$1,121,545$1,883,102 · $4,924/ac on 305 ac
Asking vs estimate
-18.8%
Priced below the comp set

Weighted from 6 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 $1,219,700
Maximum allowable offer
$858,471
$2,814/ac · +30.0% target margin

You need $361,229 off asking to hit this margin.

All-in cost$931,441
Net resale$1,382,138
Projected profit$450,696
ROI+48.4%
Annualized+69.2%
Break-even resale$3,319/ac
Profit if resale lands off target
-20%
$174,269
-10%
$312,483
0%
$450,696
+10%
$588,910
+20%
$727,124
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-998917
Paved · Power at road
351.4Jul 27, 2026$3,140,7008,9396,7266.4 mi
83
IA-308076
Dirt · Power at road
191.1Jul 27, 2026$822,7004,3063,7345.5 mi
77
IA-779280
Dirt · Power at road
457.1Dec 18, 2025$1,902,9004,1634,7662.2 mi
75
IA-937215
Landlocked · Off grid
102.4Apr 9, 2026$405,0003,9554,3854.5 mi
70
IA-409596
Dirt · Power at road
574.6Apr 16, 2025$1,581,1002,7523,4697.1 mi
65
IA-177325
Landlocked · Power at road
110.9Nov 13, 2023$672,2006,0626,4082.4 mi
59
Show adjustment detail for the top comp
  • Tract size (351.37 ac → 305.08 ac)+4.2%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Off grid)-15.0%

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.