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Lyon County, IA · Sold

IA-288412

119 County Road 260

$1,422,400
$5,836/ac · 244 ac
Acreage244 ac
Price per acre$5,836/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedSep 17, 2025
Coordinates43.3514, -96.1735
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

2 items to verify before you offer.

Risk index
29
Low risk
Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope30.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,008 ft of deeded road frontage.

Power147 ft away

Power at or near the road.

Buildable area137.60 of 243.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,772,316
$1,398,755$2,145,876 · $7,272/ac on 244 ac
Asking vs estimate
-19.7%
Priced below 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 $1,422,400
Maximum allowable offer
$1,012,752
$4,155/ac · +30.0% target margin

You need $409,648 off asking to hit this margin.

All-in cost$1,098,836
Net resale$1,630,530
Projected profit$531,694
ROI+48.4%
Annualized+69.2%
Break-even resale$4,901/ac
Profit if resale lands off target
-20%
$205,588
-10%
$368,641
0%
$531,694
+10%
$694,748
+20%
$857,801
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-197557
Dirt · Power at road
131.2May 18, 2026$1,004,4007,6566,5292.8 mi
85
IA-368149
Gravel · Off grid
201.4Jul 6, 2026$1,565,5007,7727,4864.4 mi
82
IA-298995
Dirt · Power at road
371.8Jun 29, 2026$1,800,4004,8425,5056.7 mi
81
IA-638815
Paved · Power at road
326.3Jan 4, 2025$3,129,7009,5908,1200.9 mi
75
IA-119409
Gravel · Off grid
501.8Sep 19, 2024$2,296,5004,5766,1859.5 mi
64
IA-709600
Paved · Power at road
576.3May 20, 2024$5,855,70010,16110,4506.4 mi
61
Show adjustment detail for the top comp
  • Tract size (131.19 ac → 243.72 ac)-15.6%
  • Market time (3 mo)+1.0%

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.