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Tama County, IA · Sold

IA-329898

9287 County Road 392

$2,993,200
$4,185/ac · 715 ac
Acreage715 ac
Price per acre$4,185/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedMay 17, 2026
Coordinates42.0350, -92.4182
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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

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

2 items to verify before you offer.

Risk index
26
Low risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope26.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,947 ft of deeded road frontage.

Power197 ft away

Power at or near the road.

Buildable area414.51 of 715.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,698,687
$1,989,838$3,407,536 · $3,774/ac on 715 ac
Asking vs estimate
+10.9%
Priced above 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 $2,993,200
Maximum allowable offer
$1,542,107
$2,156/ac · +30.0% target margin

You need $1,451,093 off asking to hit this margin.

All-in cost$1,673,186
Net resale$2,482,792
Projected profit$809,606
ROI+48.4%
Annualized+69.2%
Break-even resale$2,543/ac
Profit if resale lands off target
-20%
$313,048
-10%
$561,327
0%
$809,606
+10%
$1,057,885
+20%
$1,306,164
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-239566
Dirt · Power at road
562.3Jul 27, 2026$1,481,9002,6362,4547.2 mi
89
IA-748966
Dirt · Power at road
364.1Sep 25, 2025$2,148,7005,9024,9935.2 mi
77
IA-488493
Landlocked · Power at road
258.4Jul 27, 2026$1,189,9004,6044,3077.2 mi
76
IA-757207
Dirt · Full utilities
101.8Apr 29, 2026$933,1009,1654,3694.9 mi
64
IA-946846
Gravel · Full utilities
78.4Apr 7, 2026$587,2007,4922,8937.3 mi
63
Show adjustment detail for the top comp
  • Tract size (562.27 ac → 715.16 ac)-7.1%

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.