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Lyon County, IA · Sold

IA-368149

9868 County Road 357

$1,565,500
$7,772/ac · 201 ac
Acreage201 ac
Price per acre$7,772/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedFeb 16, 2026
Coordinates43.3730, -96.2551
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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

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands2.5% of tract

Little to no mapped wetland coverage.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,098 ft of deeded road frontage.

Power1,930 ft away

Service extension needed; get a utility quote.

Buildable area186.58 of 201.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,461,449
$1,126,603$1,796,295 · $7,255/ac on 201 ac
Asking vs estimate
+7.1%
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 $1,565,500
Maximum allowable offer
$835,114
$4,146/ac · +30.0% target margin

You need $730,386 off asking to hit this margin.

All-in cost$906,099
Net resale$1,344,533
Projected profit$438,434
ROI+48.4%
Annualized+69.2%
Break-even resale$4,889/ac
Profit if resale lands off target
-20%
$169,528
-10%
$303,981
0%
$438,434
+10%
$572,887
+20%
$707,341
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-288412
Dirt · Power at road
243.7Jul 27, 2026$1,445,2005,9306,1984.4 mi
83
IA-197557
Dirt · Power at road
131.2May 18, 2026$1,004,4007,6566,8094.8 mi
77
IA-298995
Dirt · Power at road
371.8Jun 29, 2026$1,800,4004,8425,7414.2 mi
75
IA-638815
Paved · Power at road
326.3Jan 4, 2025$3,129,7009,5908,4693.5 mi
68
IA-119409
Gravel · Off grid
501.8Sep 19, 2024$2,296,5004,5766,4506.4 mi
64
IA-709600
Paved · Power at road
576.3May 20, 2024$5,855,70010,16110,8987.4 mi
56
Show adjustment detail for the top comp
  • Tract size (243.72 ac → 201.44 ac)+5.5%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%

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.