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Linn County, IA · Sold

IA-779280

2875 County Road 392

$1,810,600
$3,961/ac · 457 ac
Acreage457 ac
Price per acre$3,961/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedMar 20, 2025
Coordinates42.0045, -91.6560
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

3 items to verify before you offer.

Risk index
23
Low risk
Wetlands3.2% of tract

Little to no mapped wetland coverage.

Average slope15.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power27 ft away

Power at or near the road.

Buildable area353.95 of 457.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,012,878
$1,498,922$2,526,835 · $4,404/ac on 457 ac
Asking vs estimate
-10.0%
Priced below 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 $1,810,600
Maximum allowable offer
$1,150,216
$2,517/ac · +30.0% target margin

You need $660,384 off asking to hit this margin.

All-in cost$1,247,984
Net resale$1,851,848
Projected profit$603,864
ROI+48.4%
Annualized+69.2%
Break-even resale$2,968/ac
Profit if resale lands off target
-20%
$233,494
-10%
$418,679
0%
$603,864
+10%
$789,048
+20%
$974,233
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-998917
Paved · Power at road
351.4Jul 27, 2026$3,140,7008,9396,0378.4 mi
81
IA-618722
Gravel · Off grid
305.1Jul 27, 2026$1,253,9004,1103,6972.2 mi
81
IA-308076
Dirt · Power at road
191.1Jul 27, 2026$822,7004,3063,3517.6 mi
75
IA-409596
Dirt · Power at road
574.6Apr 16, 2025$1,581,1002,7523,1149.4 mi
74
IA-937215
Landlocked · Off grid
102.4Apr 9, 2026$405,0003,9553,9366.5 mi
67
IA-486985
Gravel · Power at road
86.7Apr 24, 2026$831,4009,5925,2908.6 mi
63
IA-177325
Landlocked · Power at road
110.9Nov 13, 2023$672,2006,0625,7523.7 mi
56
Show adjustment detail for the top comp
  • Tract size (351.37 ac → 457.06 ac)-7.5%
  • 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.