Wright County, IA · Sold

IA-940925

9432 County Road 193

$20,700

$19,346/ac · 1.07 ac

Offer report Market this tract

Acreage1.07 ac

Price per acre$19,346/ac

ZoningUnzoned

Road accessGravel

UtilitiesFull utilities

TopographyFlat

ListedJan 23, 2025

Coordinates42.6824, -93.8341

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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

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands49.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area0.51 of 1.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$28,057

$23,086 – $33,029 · $26,222/ac on 1.07 ac

Asking vs estimate

-26.2%

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 $20,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$16,033

$14,984/ac · +30.0% target margin

You need $4,667 off asking to hit this margin.

All-in cost$17,396

Net resale$25,813

Projected profit$8,417

ROI+48.4%

Annualized+69.2%

Break-even resale$17,671/ac

Profit if resale lands off target

-20%

$3,255

-10%

$5,836

$8,417

+10%

$10,998

+20%

$13,580

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
IA-390580 Gravel · Off grid	0.8	Jul 27, 2026	$17,700	21,060	30,223	6.8 mi	83
IA-560686 Gravel · Power at road	0.9	Mar 13, 2025	$13,700	15,270	19,711	1.7 mi	78
IA-831514 Gravel · Power at road	1.6	Aug 1, 2025	$33,900	20,566	26,342	6.3 mi	77
IA-860166 Gravel · Full utilities	0.6	May 19, 2024	$16,500	26,652	29,027	9.7 mi	70
IA-841844 Landlocked · Power at road	2.1	Jun 27, 2025	$30,100	14,392	27,334	0.9 mi	69
IA-571762 Gravel · Off grid	2.0	Jul 26, 2024	$36,900	18,721	29,459	3.5 mi	67
IA-252434 Paved · Power at road	3.2	Oct 28, 2025	$78,800	24,555	26,804	2.8 mi	66
IA-652322 Gravel · Power at road	3.0	May 25, 2024	$66,500	22,470	30,549	3.0 mi	62
IA-991969 Landlocked · Off grid	2.3	Jun 1, 2024	$15,600	6,817	15,917	12.1 mi	61

Show adjustment detail for the top comp

Utilities (Off grid → Full utilities)+43.5%

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