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Lyon County, IA · Sold

IA-654281

3910 County Road 233

$105,900
$8,666/ac · 12.22 ac
Acreage12.22 ac
Price per acre$8,666/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedJun 17, 2025
Coordinates43.3746, -96.1748
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

3 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands5.7% of tract

Little to no mapped wetland coverage.

Average slope22.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power207 ft away

Power at or near the road.

Buildable area6.91 of 12.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$126,869
$95,967$157,771 · $10,382/ac on 12.22 ac
Asking vs estimate
-16.5%
Priced below the comp set

Weighted from 8 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 $105,900
Maximum allowable offer
$72,497
$5,933/ac · +30.0% target margin

You need $33,403 off asking to hit this margin.

All-in cost$78,659
Net resale$116,720
Projected profit$38,060
ROI+48.4%
Annualized+69.2%
Break-even resale$6,997/ac
Profit if resale lands off target
-20%
$14,716
-10%
$26,388
0%
$38,060
+10%
$49,732
+20%
$61,404
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-724093
Dirt · Off grid
10.7Jul 27, 2026$79,9007,4886,8982.4 mi
85
IA-984829
Landlocked · Power at road
18.2Jul 27, 2026$128,2007,0517,3725.1 mi
83
IA-434578
Gravel · Full utilities
15.2Mar 11, 2026$350,50023,11913,4052.1 mi
80
IA-935296
Gravel · Off grid
25.5Nov 18, 2025$353,10013,84712,4671.0 mi
71
IA-785626
Gravel · Power at road
32.4Aug 21, 2024$380,40011,7439,8030.7 mi
64
IA-215816
Gravel · Off grid
37.2Feb 16, 2025$396,80010,67610,5315.5 mi
64
IA-495888
Paved · Power at road
39.2Feb 18, 2025$539,40013,7769,8783.1 mi
63
IA-782932
Dirt · Full utilities
4.6Sep 13, 2024$97,90021,27813,9854.2 mi
60
Show adjustment detail for the top comp
  • Tract size (10.67 ac → 12.22 ac)-1.2%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Power at road)+17.6%

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.