Wright County, IA · Sold

IA-571762

2934 County Road 255

$43,800

$22,234/ac · 1.97 ac

Offer report Market this tract

Acreage1.97 ac

Price per acre$22,234/ac

ZoningMixed Use

Road accessGravel

UtilitiesOff grid

TopographyMixed

ListedJun 1, 2024

Coordinates42.6928, -93.7667

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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

Wetlands1.8% of tract

Little to no mapped wetland coverage.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5,304 ft away

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

Buildable area1.84 of 1.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$34,683

$28,405 – $40,961 · $17,606/ac on 1.97 ac

Asking vs estimate

+26.3%

Priced above the comp set

Weighted from 10 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 $43,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$19,819

$10,060/ac · +30.0% target margin

You need $23,981 off asking to hit this margin.

All-in cost$21,504

Net resale$31,909

Projected profit$10,405

ROI+48.4%

Annualized+69.2%

Break-even resale$11,865/ac

Profit if resale lands off target

-20%

$4,023

-10%

$7,214

$10,405

+10%

$13,596

+20%

$16,787

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-831514 Gravel · Power at road	1.6	Aug 1, 2025	$33,900	20,566	18,186	2.9 mi	79
IA-841844 Landlocked · Power at road	2.1	Jun 27, 2025	$30,100	14,392	18,870	3.0 mi	78
IA-390580 Gravel · Off grid	0.8	Jul 27, 2026	$17,700	21,060	20,865	6.1 mi	77
IA-252434 Paved · Power at road	3.2	Oct 28, 2025	$78,800	24,555	18,505	1.3 mi	74
IA-803087 Paved · Power at road	5.2	Jun 22, 2026	$131,500	25,534	19,078	2.7 mi	72
IA-652322 Gravel · Power at road	3.0	May 25, 2024	$66,500	22,470	21,090	0.9 mi	72
IA-991969 Landlocked · Off grid	2.3	Jun 1, 2024	$15,600	6,817	10,989	9.7 mi	70
IA-940925 Gravel · Full utilities	1.1	Feb 25, 2025	$20,900	19,539	14,322	3.5 mi	69
IA-560686 Gravel · Power at road	0.9	Mar 13, 2025	$13,700	15,270	13,608	2.7 mi	68
IA-860166 Gravel · Full utilities	0.6	May 19, 2024	$16,500	26,652	20,039	6.2 mi	59

Show adjustment detail for the top comp

Utilities (Power at road → Off grid)-15.0%
Market time (12 mo)+4.4%

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.

Build the listing kit Post a deal or JV