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Lyon County, IA · Sold

IA-984829

659 County Road 245

$144,200
$7,932/ac · 18.18 ac
Acreage18.18 ac
Price per acre$7,932/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedOct 28, 2025
Coordinates43.4311, -96.1102
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

Lyon County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

View Lyon market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands13.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power225 ft away

Power at or near the road.

Buildable area14.87 of 18.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$176,109
$137,563$214,655 · $9,687/ac on 18.18 ac
Asking vs estimate
-18.1%
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 $144,200
Maximum allowable offer
$100,634
$5,535/ac · +30.0% target margin

You need $43,566 off asking to hit this margin.

All-in cost$109,188
Net resale$162,020
Projected profit$52,832
ROI+48.4%
Annualized+69.2%
Break-even resale$6,528/ac
Profit if resale lands off target
-20%
$20,428
-10%
$36,630
0%
$52,832
+10%
$69,034
+20%
$85,236
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-434578
Gravel · Full utilities
15.2Mar 11, 2026$350,50023,11912,8504.5 mi
79
IA-654281
Landlocked · Power at road
12.2Jan 27, 2026$93,8007,6787,5305.1 mi
79
IA-724093
Dirt · Off grid
10.7Jul 27, 2026$79,9007,4886,6122.7 mi
78
IA-935296
Gravel · Off grid
25.5Nov 18, 2025$353,10013,84711,9515.5 mi
74
IA-215816
Gravel · Off grid
37.2Feb 16, 2025$396,80010,67610,0951.0 mi
68
IA-495888
Paved · Power at road
39.2Feb 18, 2025$539,40013,7769,4692.6 mi
67
IA-785626
Gravel · Power at road
32.4Aug 21, 2024$380,40011,7439,3975.7 mi
66
Show adjustment detail for the top comp
  • Tract size (15.16 ac → 18.18 ac)-2.1%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (5 mo)+1.8%

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.