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Wright County, IA · Sold

IA-948603

8133 County Road 362

$1,925,000
$6,878/ac · 280 ac
Acreage280 ac
Price per acre$6,878/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedSep 20, 2025
Coordinates42.7032, -93.7979
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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

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

1 item to verify before you offer.

Risk index
30
Moderate risk
Wetlands1.0% of tract

Little to no mapped wetland coverage.

Average slope9.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area263.23 of 279.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,209,445
$1,931,898$2,486,992 · $7,894/ac on 280 ac
Asking vs estimate
-12.9%
Priced below 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 $1,925,000
Maximum allowable offer
$1,262,540
$4,511/ac · +30.0% target margin

You need $662,460 off asking to hit this margin.

All-in cost$1,369,856
Net resale$2,032,689
Projected profit$662,834
ROI+48.4%
Annualized+69.2%
Break-even resale$5,320/ac
Profit if resale lands off target
-20%
$256,296
-10%
$459,565
0%
$662,834
+10%
$866,102
+20%
$1,069,371
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-259365
Paved · Full utilities
486.1Jul 27, 2026$4,305,5008,8586,0234.5 mi
79
IA-427378
Landlocked · Power at road
115.2Jul 27, 2026$986,1008,5588,2109.3 mi
72
IA-918049
Dirt · Off grid
187.4Dec 28, 2025$1,545,0008,2468,5767.8 mi
72
IA-216879
Landlocked · Full utilities
80.3Dec 30, 2025$806,00010,0407,4032.0 mi
71
IA-946891
Paved · Off grid
81.0Nov 29, 2025$1,153,90014,2498,7383.7 mi
68
IA-237303
Gravel · Full utilities
109.1Feb 21, 2025$1,692,50015,5088,6695.8 mi
68
Show adjustment detail for the top comp
  • Tract size (486.08 ac → 279.88 ac)+17.7%
  • Access (Paved → Landlocked)-42.4%

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.