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Tama County, IA · Sold

IA-239566

2634 County Road 368

$1,695,500
$3,015/ac · 562 ac
Acreage562 ac
Price per acre$3,015/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedOct 6, 2025
Coordinates42.0820, -92.5441
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

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

View Tama market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands14.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,273 ft of deeded road frontage.

Power172 ft away

Power at or near the road.

Buildable area455.64 of 562.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,490,789
$2,082,649$2,898,929 · $4,430/ac on 562 ac
Asking vs estimate
-31.9%
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 $1,695,500
Maximum allowable offer
$1,423,308
$2,531/ac · +30.0% target margin

You need $272,192 off asking to hit this margin.

All-in cost$1,544,289
Net resale$2,291,526
Projected profit$747,237
ROI+48.4%
Annualized+69.2%
Break-even resale$2,985/ac
Profit if resale lands off target
-20%
$288,932
-10%
$518,084
0%
$747,237
+10%
$976,390
+20%
$1,205,542
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-329898
Dirt · Power at road
715.2Jul 27, 2026$2,771,7003,8764,1807.2 mi
89
IA-488493
Landlocked · Power at road
258.4Jul 27, 2026$1,189,9004,6044,6351.0 mi
83
IA-748966
Dirt · Power at road
364.1Sep 25, 2025$2,148,7005,9025,3744.1 mi
81
IA-946846
Gravel · Full utilities
78.4Apr 7, 2026$587,2007,4923,1131.3 mi
68
IA-757207
Dirt · Full utilities
101.8Apr 29, 2026$933,1009,1654,7025.3 mi
66
Show adjustment detail for the top comp
  • Tract size (715.16 ac → 562.27 ac)+7.6%

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.