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Tama County, IA · Sold

IA-831014

2429 County Road 157

$10,800
$9,391/ac · 1.15 ac
Acreage1.15 ac
Price per acre$9,391/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedOct 13, 2024
Coordinates42.1263, -92.5293
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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

4 items to verify before you offer.

Risk index
28
Low risk
Wetlands16.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

240 ft of deeded road frontage.

Power12,108 ft away

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

Buildable area0.91 of 1.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,313
$12,581$16,045 · $12,446/ac on 1.15 ac
Asking vs estimate
-24.5%
Priced below the comp set

Weighted from 10 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
$8,179
$7,112/ac · +30.0% target margin

You need $2,621 off asking to hit this margin.

All-in cost$8,874
Net resale$13,168
Projected profit$4,294
ROI+48.4%
Annualized+69.2%
Break-even resale$8,388/ac
Profit if resale lands off target
-20%
$1,660
-10%
$2,977
0%
$4,294
+10%
$5,610
+20%
$6,927
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-301721
Paved · Power at road
1.9May 2, 2025$26,40013,83812,4951.8 mi
73
IA-100335
Gravel · Power at road
0.7Oct 26, 2024$7,30010,38111,1492.8 mi
72
IA-482581
Dirt · Power at road
3.6Jul 27, 2026$38,80010,86213,0043.4 mi
71
IA-412662
Dirt · Off grid
3.8Jul 27, 2026$33,5008,87112,5205.6 mi
71
IA-171937
Landlocked · Full utilities
2.2Jan 23, 2026$20,9009,34011,6864.8 mi
70
IA-141536
Gravel · Off grid
1.7Dec 16, 2023$18,90011,33414,9523.6 mi
69
IA-191884
Dirt · Power at road
2.1Aug 5, 2025$23,30010,85013,3353.8 mi
69
IA-602306
Landlocked · Off grid
2.9Apr 23, 2025$22,6007,74114,4269.1 mi
62
IA-892365
Dirt · Power at road
3.0Jul 19, 2024$26,2008,58911,0997.4 mi
62
IA-792153
Gravel · Off grid
2.6Dec 3, 2023$18,7007,1489,5326.3 mi
60
Show adjustment detail for the top comp
  • Tract size (1.91 ac → 1.15 ac)+0.8%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (15 mo)+5.4%

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.