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Sioux County, IA · Sold

IA-902842

7365 County Road 124

$36,000
$8,353/ac · 4.31 ac
Acreage4.31 ac
Price per acre$8,353/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedMay 8, 2025
Coordinates43.0546, -96.1384
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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands0.2% of tract

Little to no mapped wetland coverage.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

254 ft of deeded road frontage.

Power240 ft away

Power at or near the road.

Buildable area4.09 of 4.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$47,286
$40,607$53,964 · $10,971/ac on 4.31 ac
Asking vs estimate
-23.9%
Priced below the comp set

Weighted from 10 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 $36,000
Maximum allowable offer
$27,020
$6,269/ac · +30.0% target margin

You need $8,980 off asking to hit this margin.

All-in cost$29,317
Net resale$43,503
Projected profit$14,186
ROI+48.4%
Annualized+69.3%
Break-even resale$7,393/ac
Profit if resale lands off target
-20%
$5,485
-10%
$9,836
0%
$14,186
+10%
$18,536
+20%
$22,887
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-983393
Dirt · Power at road
6.4Jul 27, 2026$61,7009,61411,4203.4 mi
86
IA-352994
Paved · Off grid
4.8Dec 29, 2025$49,00010,19110,4775.3 mi
79
IA-482585
Landlocked · Power at road
3.6Jun 9, 2024$23,0006,43610,2624.3 mi
73
IA-802276
Gravel · Power at road
2.9Jan 22, 2024$30,90010,79911,7992.7 mi
72
IA-304075
Landlocked · Full utilities
10.5Jul 27, 2026$85,8008,14710,3817.0 mi
71
IA-333169
Paved · Full utilities
5.5Sep 28, 2024$81,40014,90411,2893.3 mi
71
IA-271139
Gravel · Off grid
1.3Mar 24, 2026$8,9007,0758,2134.0 mi
69
IA-951517
Dirt · Off grid
1.6Dec 3, 2024$17,00010,32614,7487.9 mi
64
IA-494358
Landlocked · Off grid
12.9Apr 27, 2025$64,5004,9919,7854.9 mi
61
IA-753947
Dirt · Off grid
9.6Jun 10, 2024$70,8007,37711,5348.2 mi
59
Show adjustment detail for the top comp
  • Tract size (6.42 ac → 4.31 ac)+1.9%
  • Access (Dirt → Gravel)+16.3%

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.