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Sioux County, IA · Sold

IA-802276

6893 County Road 8

$36,900
$12,902/ac · 2.86 ac
Acreage2.86 ac
Price per acre$12,902/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedJan 5, 2024
Coordinates43.0732, -96.1855
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
8
Low risk
Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope7.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

137 ft of deeded road frontage.

Power202 ft away

Power at or near the road.

Buildable area2.59 of 2.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$31,385
$26,219$36,551 · $10,974/ac on 2.86 ac
Asking vs estimate
+17.6%
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 $36,900
Maximum allowable offer
$17,934
$6,271/ac · +30.0% target margin

You need $18,966 off asking to hit this margin.

All-in cost$19,458
Net resale$28,874
Projected profit$9,416
ROI+48.4%
Annualized+69.3%
Break-even resale$7,395/ac
Profit if resale lands off target
-20%
$3,641
-10%
$6,528
0%
$9,416
+10%
$12,303
+20%
$15,190
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-902842
Gravel · Power at road
4.3Jun 30, 2025$38,5008,9379,4912.7 mi
77
IA-983393
Dirt · Power at road
6.4Jul 27, 2026$61,7009,61411,5795.8 mi
75
IA-271139
Gravel · Off grid
1.3Mar 24, 2026$8,9007,0758,3273.0 mi
74
IA-352994
Paved · Off grid
4.8Dec 29, 2025$49,00010,19110,6235.0 mi
72
IA-482585
Landlocked · Power at road
3.6Jun 9, 2024$23,0006,43610,4056.7 mi
71
IA-951517
Dirt · Off grid
1.6Dec 3, 2024$17,00010,32614,9537.5 mi
65
IA-333169
Paved · Full utilities
5.5Sep 28, 2024$81,40014,90411,4465.2 mi
63
IA-753947
Dirt · Off grid
9.6Jun 10, 2024$70,8007,37711,6947.5 mi
60
Show adjustment detail for the top comp
  • Tract size (4.31 ac → 2.86 ac)+1.4%
  • Market time (14 mo)+4.7%

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.