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Sioux County, IA · Sold

IA-494358

2063 County Road 394

$63,900
$4,942/ac · 12.93 ac
Acreage12.93 ac
Price per acre$4,942/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedMar 10, 2024
Coordinates43.0224, -96.2259
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
42
Moderate risk
Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope16.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power1,216 ft away

Service extension needed; get a utility quote.

Buildable area9.67 of 12.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$71,002
$60,936$81,068 · $5,491/ac on 12.93 ac
Asking vs estimate
-10.0%
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 $63,900
Maximum allowable offer
$40,573
$3,138/ac · +30.0% target margin

You need $23,327 off asking to hit this margin.

All-in cost$44,022
Net resale$65,322
Projected profit$21,300
ROI+48.4%
Annualized+69.2%
Break-even resale$3,701/ac
Profit if resale lands off target
-20%
$8,236
-10%
$14,768
0%
$21,300
+10%
$27,832
+20%
$34,364
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-304075
Landlocked · Full utilities
10.5Jul 27, 2026$85,8008,1475,58511.3 mi
81
IA-234604
Dirt · Power at road
15.4Apr 17, 2026$86,5005,6013,88710.5 mi
77
IA-983393
Dirt · Power at road
6.4Jul 27, 2026$61,7009,6146,1448.3 mi
72
IA-352994
Paved · Off grid
4.8Dec 29, 2025$49,00010,1915,6371.3 mi
71
IA-753947
Dirt · Off grid
9.6Jun 10, 2024$70,8007,3776,20511.5 mi
70
IA-902842
Gravel · Power at road
4.3Jun 30, 2025$38,5008,9375,0364.9 mi
62
IA-333169
Paved · Full utilities
5.5Sep 28, 2024$81,40014,9046,0734.7 mi
61
Show adjustment detail for the top comp
  • Tract size (10.53 ac → 12.93 ac)-1.8%
  • Utilities (Full utilities → Off grid)-30.3%

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.