← New search
Wright County, IA · Sold

IA-216879

221 County Road 388

$747,000
$9,305/ac · 80.28 ac
Acreage80.28 ac
Price per acre$9,305/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedNov 3, 2025
Coordinates42.7314, -93.7951
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

1 item to verify before you offer.

Risk index
35
Moderate risk
Wetlands9.6% of tract

Little to no mapped wetland coverage.

Average slope7.9%

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 area68.94 of 80.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$843,373
$723,462$963,284 · $10,505/ac on 80.28 ac
Asking vs estimate
-11.4%
Priced below the comp set

Weighted from 9 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 $747,000
Maximum allowable offer
$481,927
$6,003/ac · +30.0% target margin

You need $265,073 off asking to hit this margin.

All-in cost$522,891
Net resale$775,903
Projected profit$253,012
ROI+48.4%
Annualized+69.2%
Break-even resale$7,080/ac
Profit if resale lands off target
-20%
$97,831
-10%
$175,422
0%
$253,012
+10%
$330,602
+20%
$408,193
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-946891
Paved · Off grid
81.0Nov 29, 2025$1,153,90014,24912,1621.7 mi
82
IA-396261
Dirt · Full utilities
51.3May 6, 2026$580,50011,3168,2111.4 mi
81
IA-427378
Landlocked · Power at road
115.2Jul 27, 2026$986,1008,55811,4278.5 mi
80
IA-356654
Paved · Power at road
68.2Feb 16, 2026$950,90013,9429,6416.9 mi
78
IA-616000
Dirt · Off grid
42.5Feb 8, 2026$465,50010,96111,1112.6 mi
73
IA-948603
Landlocked · Full utilities
279.9Mar 27, 2026$1,873,0006,6929,4662.0 mi
73
IA-237303
Gravel · Full utilities
109.1Feb 21, 2025$1,692,50015,50812,0665.2 mi
73
IA-918049
Dirt · Off grid
187.4Dec 28, 2025$1,545,0008,24611,9367.6 mi
66
IA-776220
Paved · Off grid
49.8Nov 20, 2023$498,50010,0108,3249.6 mi
61
Show adjustment detail for the top comp
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (9 mo)+3.0%

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.