← New search
Monona County, IA · Sold

IA-932728

8433 County Road 255

$32,900
$8,287/ac · 3.97 ac
Acreage3.97 ac
Price per acre$8,287/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedMar 18, 2024
Coordinates42.1225, -96.0000
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

Monona County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

View Monona market data →

Step 1 · Is this a deal?

Due diligence

6 items to verify before you offer.

Risk index
54
Moderate risk
Wetlands15.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.8%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11,254 ft away

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

Buildable area3.18 of 3.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$32,555
$28,213$36,897 · $8,200/ac on 3.97 ac
Asking vs estimate
+1.1%
In line with the comp set

Weighted from 5 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 $32,900
Maximum allowable offer
$18,603
$4,686/ac · +30.0% target margin

You need $14,297 off asking to hit this margin.

All-in cost$20,184
Net resale$29,950
Projected profit$9,766
ROI+48.4%
Annualized+69.2%
Break-even resale$5,526/ac
Profit if resale lands off target
-20%
$3,776
-10%
$6,771
0%
$9,766
+10%
$12,761
+20%
$15,756
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-933555
Landlocked · Off grid
7.2May 23, 2025$61,6008,5299,2367.2 mi
75
IA-813633
Gravel · Off grid
7.6May 14, 2025$90,60011,8588,7727.8 mi
66
IA-431330
Gravel · Power at road
1.4Aug 7, 2025$22,10015,3249,0127.2 mi
62
IA-383631
Dirt · Power at road
7.6Dec 11, 2023$67,4008,8376,8289.9 mi
59
IA-394368
Gravel · Off grid
13.0Oct 1, 2024$110,3008,4716,70110.4 mi
57
Show adjustment detail for the top comp
  • Tract size (7.22 ac → 3.97 ac)+3.0%
  • Market time (15 mo)+5.2%

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.