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Lyon County, IA · Sold

IA-772501

5317 County Road 388

$23,200
$6,884/ac · 3.37 ac
Acreage3.37 ac
Price per acre$6,884/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedNov 3, 2023
Coordinates43.3277, -96.1726
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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

4 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands6.9% of tract

Little to no mapped wetland coverage.

Average slope19.5%

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.

Power3,834 ft away

Service extension needed; get a utility quote.

Buildable area2.51 of 3.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$29,718
$22,012$37,423 · $8,818/ac on 3.37 ac
Asking vs estimate
-21.9%
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 $23,200
Maximum allowable offer
$16,982
$5,039/ac · +30.0% target margin

You need $6,218 off asking to hit this margin.

All-in cost$18,425
Net resale$27,340
Projected profit$8,915
ROI+48.4%
Annualized+69.2%
Break-even resale$5,943/ac
Profit if resale lands off target
-20%
$3,447
-10%
$6,181
0%
$8,915
+10%
$11,649
+20%
$14,383
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-141829
Gravel · Power at road
2.1Jul 8, 2026$39,20018,93710,8553.7 mi
78
IA-111735
Paved · Off grid
1.9Jul 27, 2026$24,40012,6357,1955.2 mi
78
IA-331873
Gravel · Power at road
2.1Jul 27, 2026$37,10017,3599,9366.0 mi
78
IA-271049
Dirt · Off grid
1.2Jul 27, 2026$9,8008,2926,4306.1 mi
72
IA-724093
Dirt · Off grid
10.7Jul 27, 2026$79,9007,4886,3225.1 mi
71
IA-900981
Dirt · Power at road
1.1Feb 17, 2026$10,0008,9105,9772.3 mi
68
IA-782932
Dirt · Full utilities
4.6Sep 13, 2024$97,90021,27812,8167.3 mi
67
IA-851015
Gravel · Power at road
1.1Nov 13, 2025$18,90016,4439,5913.1 mi
66
IA-400820
Landlocked · Power at road
1.0Feb 7, 2025$12,00012,01510,6119.0 mi
59
Show adjustment detail for the top comp
  • Tract size (2.07 ac → 3.37 ac)-1.3%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (1 mo)+0.4%

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.