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Sioux County, IA · Sold

IA-296492

6045 County Road 191

$288,800
$4,762/ac · 60.65 ac
Acreage60.65 ac
Price per acre$4,762/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedAug 13, 2024
Coordinates43.0760, -96.1420
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

Sioux County, Iowa. The benchmark corn-belt farmland market; auctions set transparent comps.

View Sioux market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
26
Low risk
Wetlands14.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

897 ft of deeded road frontage.

Power14,432 ft away

A long utility run — price in solar/off-grid instead.

Buildable area49.15 of 60.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$349,417
$309,956$388,878 · $5,761/ac on 60.65 ac
Asking vs estimate
-17.3%
Priced below the comp set

Weighted from 7 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 $288,800
Maximum allowable offer
$199,667
$3,292/ac · +30.0% target margin

You need $89,133 off asking to hit this margin.

All-in cost$216,639
Net resale$321,464
Projected profit$104,825
ROI+48.4%
Annualized+69.2%
Break-even resale$3,883/ac
Profit if resale lands off target
-20%
$40,532
-10%
$72,679
0%
$104,825
+10%
$136,971
+20%
$169,118
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-206778
Dirt · Power at road
74.6Jul 27, 2026$417,8005,6005,8070.3 mi
90
IA-646878
Gravel · Off grid
80.2Aug 10, 2025$472,4005,8896,5376.6 mi
81
IA-517448
Dirt · Off grid
121.2Jul 27, 2026$459,3003,7895,2014.5 mi
77
IA-938692
Paved · Power at road
298.5Jul 27, 2026$1,755,5005,8816,4100.2 mi
69
IA-234604
Dirt · Power at road
15.4Apr 17, 2026$86,5005,6014,5004.9 mi
65
IA-494358
Landlocked · Off grid
12.9Apr 27, 2025$64,5004,9916,0955.6 mi
63
IA-728759
Dirt · Full utilities
313.4Dec 22, 2025$1,383,5004,4155,6266.5 mi
60
Show adjustment detail for the top comp
  • Tract size (74.61 ac → 60.65 ac)+4.7%
  • 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.