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Monona County, IA · Sold

IA-130215

6303 County Road 246

$10,800
$16,875/ac · 0.64 ac
Acreage0.64 ac
Price per acre$16,875/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedJun 5, 2026
Coordinates42.0649, -96.0254
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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

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

2 items to verify before you offer.

Risk index
18
Low risk
Wetlands11.5% of tract

Little to no mapped wetland coverage.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

141 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.54 of 0.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,729
$10,529$12,929 · $18,326/ac on 0.64 ac
Asking vs estimate
-7.9%
Priced below 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 $10,800
Maximum allowable offer
$6,702
$10,472/ac · +30.0% target margin

You need $4,098 off asking to hit this margin.

All-in cost$7,272
Net resale$10,791
Projected profit$3,519
ROI+48.4%
Annualized+69.3%
Break-even resale$12,350/ac
Profit if resale lands off target
-20%
$1,361
-10%
$2,440
0%
$3,519
+10%
$4,598
+20%
$5,677
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-431330
Gravel · Power at road
1.4Aug 7, 2025$22,10015,32419,6597.9 mi
66
IA-932728
Landlocked · Off grid
4.0Apr 4, 2024$28,2007,11017,0534.2 mi
56
IA-933555
Landlocked · Off grid
7.2May 23, 2025$61,6008,52920,1488.1 mi
55
IA-813633
Gravel · Off grid
7.6May 14, 2025$90,60011,85819,1376.4 mi
54
IA-383631
Dirt · Power at road
7.6Dec 11, 2023$67,4008,83714,8965.8 mi
47
Show adjustment detail for the top comp
  • Tract size (1.44 ac → 0.64 ac)+0.8%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (12 mo)+4.3%

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.