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Lyon County, IA · Sold

IA-638815

2317 County Road 181

$3,730,300
$11,431/ac · 326 ac
Acreage326 ac
Price per acre$11,431/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedJul 19, 2024
Coordinates43.3564, -96.1893
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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

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

3 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands42.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

4,669 ft of deeded road frontage.

Power16 ft away

Power at or near the road.

Buildable area177.64 of 326.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,864,390
$2,193,515$3,535,266 · $8,777/ac on 326 ac
Asking vs estimate
+30.2%
Priced above the comp set

Weighted from 6 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 $3,730,300
Maximum allowable offer
$1,636,794
$5,016/ac · +30.0% target margin

You need $2,093,506 off asking to hit this margin.

All-in cost$1,775,921
Net resale$2,635,239
Projected profit$859,317
ROI+48.4%
Annualized+69.2%
Break-even resale$5,915/ac
Profit if resale lands off target
-20%
$332,270
-10%
$595,794
0%
$859,317
+10%
$1,122,841
+20%
$1,386,365
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-288412
Dirt · Power at road
243.7Jul 27, 2026$1,445,2005,9307,4940.9 mi
85
IA-298995
Dirt · Power at road
371.8Jun 29, 2026$1,800,4004,8426,9426.0 mi
85
IA-368149
Gravel · Off grid
201.4Jul 6, 2026$1,565,5007,7729,4413.5 mi
78
IA-197557
Dirt · Power at road
131.2May 18, 2026$1,004,4007,6568,2332.7 mi
74
IA-709600
Paved · Power at road
576.3May 20, 2024$5,855,70010,16113,1786.3 mi
72
IA-119409
Gravel · Off grid
501.8Sep 19, 2024$2,296,5004,5767,8008.7 mi
64
Show adjustment detail for the top comp
  • Tract size (243.72 ac → 326.34 ac)-8.1%
  • Access (Dirt → Paved)+37.2%

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.