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Wright County, IA · Sold

IA-991969

2699 County Road 391

$17,500
$7,642/ac · 2.29 ac
Acreage2.29 ac
Price per acre$7,642/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedMar 31, 2024
Coordinates42.8193, -93.6858
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
54
Moderate risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope23.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power8,300 ft away

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

Buildable area1.33 of 2.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$28,619
$24,850$32,389 · $12,498/ac on 2.29 ac
Asking vs estimate
-38.9%
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 $17,500
Maximum allowable offer
$16,354
$7,141/ac · +30.0% target margin

You need $1,146 off asking to hit this margin.

All-in cost$17,744
Net resale$26,330
Projected profit$8,586
ROI+48.4%
Annualized+69.2%
Break-even resale$8,422/ac
Profit if resale lands off target
-20%
$3,320
-10%
$5,953
0%
$8,586
+10%
$11,219
+20%
$13,852
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-841844
Landlocked · Power at road
2.1Jun 27, 2025$30,10014,39212,79111.2 mi
75
IA-831514
Gravel · Power at road
1.6Aug 1, 2025$33,90020,56612,3279.0 mi
74
IA-390580
Gravel · Off grid
0.8Jul 27, 2026$17,70021,06014,1436.4 mi
73
IA-571762
Gravel · Off grid
2.0Jul 26, 2024$36,90018,72113,7859.7 mi
70
IA-252434
Paved · Power at road
3.2Oct 28, 2025$78,80024,55512,54311.0 mi
70
IA-803087
Paved · Power at road
5.2Jun 22, 2026$131,50025,53412,93212.3 mi
68
IA-652322
Gravel · Power at road
3.0May 25, 2024$66,50022,47014,2969.6 mi
66
IA-940925
Gravel · Full utilities
1.1Feb 25, 2025$20,90019,5399,70812.1 mi
64
IA-560686
Gravel · Power at road
0.9Mar 13, 2025$13,70015,2709,22410.4 mi
59
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (14 mo)+4.8%

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.