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Wright County, IA · Sold

IA-515050

2342 County Road 113

$313,600
$14,695/ac · 21.34 ac
Acreage21.34 ac
Price per acre$14,695/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedJan 23, 2025
Coordinates42.7088, -93.8132
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

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

View Wright market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands21.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area15.91 of 21.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$309,451
$267,854$351,048 · $14,501/ac on 21.34 ac
Asking vs estimate
+1.3%
In line with the comp set

Weighted from 6 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 $313,600
Maximum allowable offer
$176,829
$8,286/ac · +30.0% target margin

You need $136,771 off asking to hit this margin.

All-in cost$191,859
Net resale$284,695
Projected profit$92,835
ROI+48.4%
Annualized+69.2%
Break-even resale$9,772/ac
Profit if resale lands off target
-20%
$35,896
-10%
$64,366
0%
$92,835
+10%
$121,305
+20%
$149,774
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-694296
Dirt · Full utilities
12.4Jul 27, 2026$161,10013,03112,2810.9 mi
84
IA-616000
Dirt · Off grid
42.5Feb 8, 2026$465,50010,96117,9482.9 mi
79
IA-396261
Dirt · Full utilities
51.3May 6, 2026$580,50011,31613,2623.2 mi
76
IA-356654
Paved · Power at road
68.2Feb 16, 2026$950,90013,94215,5727.1 mi
64
IA-683942
Dirt · Off grid
9.6Jun 18, 2024$96,20010,05914,4884.9 mi
63
IA-776220
Paved · Off grid
49.8Nov 20, 2023$498,50010,01013,4459.5 mi
56
Show adjustment detail for the top comp
  • Tract size (12.36 ac → 21.34 ac)-6.0%

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.