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Linn County, IA · Sold

IA-991985

4873 County Road 197

$22,900
$9,871/ac · 2.32 ac
Acreage2.32 ac
Price per acre$9,871/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMar 2, 2024
Coordinates42.0136, -91.6897
Loading terrain…
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
28
Low risk
Wetlands23.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

277 ft of deeded road frontage.

Power3,554 ft away

Service extension needed; get a utility quote.

Buildable area1.68 of 2.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$18,249
$15,083$21,415 · $7,866/ac on 2.32 ac
Asking vs estimate
+25.5%
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 $22,900
Maximum allowable offer
$10,428
$4,495/ac · +30.0% target margin

You need $12,472 off asking to hit this margin.

All-in cost$11,314
Net resale$16,789
Projected profit$5,474
ROI+48.4%
Annualized+69.2%
Break-even resale$5,301/ac
Profit if resale lands off target
-20%
$2,117
-10%
$3,796
0%
$5,474
+10%
$7,153
+20%
$8,832
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-661490
Paved · Off grid
1.6Jul 27, 2026$16,80010,3877,5348.6 mi
84
IA-742696
Gravel · Off grid
3.9Jul 27, 2026$28,8007,4146,4888.8 mi
77
IA-132416
Dirt · Off grid
3.2Dec 24, 2025$31,1009,81810,16710.7 mi
76
IA-292426
Dirt · Off grid
3.2Oct 10, 2025$20,1006,2946,57412.6 mi
74
IA-951613
Paved · Power at road
1.8Jul 26, 2025$19,60011,0527,1114.2 mi
74
IA-222801
Gravel · Off grid
4.2Jul 15, 2025$45,40010,8599,9428.9 mi
72
IA-110640
Landlocked · Power at road
0.9Dec 19, 2025$6,5007,4598,1195.4 mi
66
IA-830394
Dirt · Full utilities
0.7Oct 17, 2025$7,2009,8126,9619.2 mi
63
Show adjustment detail for the top comp
  • Tract size (1.62 ac → 2.32 ac)-0.7%
  • Access (Paved → Dirt)-27.1%

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.