Wright County, IA · Sold

IA-259365

4802 County Road 292

$3,994,000

$8,217/ac · 486 ac

Offer report Market this tract

Acreage486 ac

Price per acre$8,217/ac

ZoningAgricultural

Road accessPaved

UtilitiesFull utilities

TopographySloped

ListedApr 18, 2026

Coordinates42.6879, -93.7114

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands3.7% of tract

Little to no mapped wetland coverage.

Average slope22.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,694 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area280.86 of 486.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$5,633,065

$5,069,816 – $6,196,313 · $11,589/ac on 486 ac

Asking vs estimate

-29.1%

Priced below the comp set

Weighted from 7 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 $3,994,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$3,218,894

$6,622/ac · +30.0% target margin

You need $775,106 off asking to hit this margin.

All-in cost$3,492,500

Net resale$5,182,419

Projected profit$1,689,919

ROI+48.4%

Annualized+69.2%

Break-even resale$7,810/ac

Profit if resale lands off target

-20%

$653,436

-10%

$1,171,677

$1,689,919

+10%

$2,208,161

+20%

$2,726,403

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-948603 Landlocked · Full utilities	279.9	Mar 27, 2026	$1,873,000	6,692	10,024	4.5 mi	76
IA-427378 Landlocked · Power at road	115.2	Jul 27, 2026	$986,100	8,558	12,101	6.5 mi	71
IA-356654 Paved · Power at road	68.2	Feb 16, 2026	$950,900	13,942	10,210	1.8 mi	70
IA-918049 Dirt · Off grid	187.4	Dec 28, 2025	$1,545,000	8,246	12,640	4.1 mi	67
IA-216879 Landlocked · Full utilities	80.3	Dec 30, 2025	$806,000	10,040	10,912	5.2 mi	61
IA-946891 Paved · Off grid	81.0	Nov 29, 2025	$1,153,900	14,249	12,879	6.4 mi	61
IA-237303 Gravel · Full utilities	109.1	Feb 21, 2025	$1,692,500	15,508	12,778	3.5 mi	60

Show adjustment detail for the top comp

Tract size (279.88 ac → 486.08 ac)-15.1%
Access (Landlocked → Paved)+73.5%
Market time (5 mo)+1.6%

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.

Build the listing kit Post a deal or JV