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Sioux County, IA · Sold

IA-304075

5616 County Road 392

$94,900
$9,012/ac · 10.53 ac
Acreage10.53 ac
Price per acre$9,012/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyMixed
ListedJul 4, 2026
Coordinates43.1485, -96.0844
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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

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
42
Moderate risk
Wetlands15.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area8.41 of 10.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$83,925
$72,318$95,532 · $7,970/ac on 10.53 ac
Asking vs estimate
+13.1%
Priced above 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 $94,900
Maximum allowable offer
$47,957
$4,554/ac · +30.0% target margin

You need $46,943 off asking to hit this margin.

All-in cost$52,033
Net resale$77,211
Projected profit$25,178
ROI+48.4%
Annualized+69.3%
Break-even resale$5,371/ac
Profit if resale lands off target
-20%
$9,736
-10%
$17,457
0%
$25,178
+10%
$32,899
+20%
$40,620
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-234604
Dirt · Power at road
15.4Apr 17, 2026$86,5005,6015,6821.4 mi
79
IA-983393
Dirt · Power at road
6.4Jul 27, 2026$61,7009,6148,9826.0 mi
77
IA-753947
Dirt · Off grid
9.6Jun 10, 2024$70,8007,3779,0722.7 mi
74
IA-494358
Landlocked · Off grid
12.9Apr 27, 2025$64,5004,9917,69611.3 mi
72
IA-352994
Paved · Off grid
4.8Dec 29, 2025$49,00010,1918,24112.0 mi
64
IA-902842
Gravel · Power at road
4.3Jun 30, 2025$38,5008,9377,3627.0 mi
63
IA-333169
Paved · Full utilities
5.5Sep 28, 2024$81,40014,9048,87910.1 mi
62
IA-482585
Landlocked · Power at road
3.6Jun 9, 2024$23,0006,4368,07110.3 mi
58
Show adjustment detail for the top comp
  • Tract size (15.45 ac → 10.53 ac)+3.7%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (4 mo)+1.4%

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.