Wright County, IA · Sold

IA-616000

471 County Road 363

$468,800

$11,038/ac · 42.47 ac

Offer report Market this tract

Acreage42.47 ac

Price per acre$11,038/ac

ZoningResidential

Road accessDirt

UtilitiesOff grid

TopographyRolling

ListedFeb 8, 2025

Coordinates42.7453, -93.8432

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

Low risk

Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope4.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,271 ft of deeded road frontage.

Power2,938 ft away

Service extension needed; get a utility quote.

Buildable area38.25 of 42.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$416,784

$346,378 – $487,190 · $9,814/ac on 42.47 ac

Asking vs estimate

+12.5%

Priced above 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 $468,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$238,162

$5,608/ac · +30.0% target margin

You need $230,638 off asking to hit this margin.

All-in cost$258,406

Net resale$383,441

Projected profit$125,036

ROI+48.4%

Annualized+69.3%

Break-even resale$6,614/ac

Profit if resale lands off target

-20%

$48,347

-10%

$86,691

$125,036

+10%

$163,380

+20%

$201,724

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-396261 Dirt · Full utilities	51.3	May 6, 2026	$580,500	11,316	8,275	3.1 mi	85
IA-515050 Dirt · Full utilities	21.3	May 14, 2025	$280,000	13,123	8,620	2.9 mi	74
IA-946891 Paved · Off grid	81.0	Nov 29, 2025	$1,153,900	14,249	12,257	2.6 mi	73
IA-216879 Landlocked · Full utilities	80.3	Dec 30, 2025	$806,000	10,040	10,385	2.6 mi	72
IA-694296 Dirt · Full utilities	12.4	Jul 27, 2026	$161,100	13,031	7,663	3.8 mi	72
IA-356654 Paved · Power at road	68.2	Feb 16, 2026	$950,900	13,942	9,717	9.5 mi	71
IA-427378 Landlocked · Power at road	115.2	Jul 27, 2026	$986,100	8,558	11,517	10.8 mi	68
IA-776220 Paved · Off grid	49.8	Nov 20, 2023	$498,500	10,010	8,389	12.1 mi	67
IA-237303 Gravel · Full utilities	109.1	Feb 21, 2025	$1,692,500	15,508	12,161	7.7 mi	60

Show adjustment detail for the top comp

Tract size (51.3 ac → 42.47 ac)+3.7%
Utilities (Full utilities → Off grid)-30.3%
Market time (3 mo)+1.2%

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