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Sioux County, IA · Sold

IA-753947

107 County Road 263

$81,400
$8,479/ac · 9.60 ac
Acreage9.60 ac
Price per acre$8,479/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedNov 18, 2023
Coordinates43.1727, -96.1271
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

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands17.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

240 ft of deeded road frontage.

Power768 ft away

Power at or near the road.

Buildable area7.57 of 9.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$68,131
$59,229$77,034 · $7,097/ac on 9.60 ac
Asking vs estimate
+19.5%
Priced above the comp set

Weighted from 9 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 $81,400
Maximum allowable offer
$38,932
$4,055/ac · +30.0% target margin

You need $42,468 off asking to hit this margin.

All-in cost$42,241
Net resale$62,681
Projected profit$20,440
ROI+48.4%
Annualized+69.3%
Break-even resale$4,783/ac
Profit if resale lands off target
-20%
$7,903
-10%
$14,172
0%
$20,440
+10%
$26,708
+20%
$32,976
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
IA-304075
Landlocked · Full utilities
10.5Jul 27, 2026$85,8008,1477,2482.7 mi
86
IA-983393
Dirt · Power at road
6.4Jul 27, 2026$61,7009,6147,9738.2 mi
79
IA-234604
Dirt · Power at road
15.4Apr 17, 2026$86,5005,6015,0443.9 mi
78
IA-494358
Landlocked · Off grid
12.9Apr 27, 2025$64,5004,9916,83211.5 mi
74
IA-352994
Paved · Off grid
4.8Dec 29, 2025$49,00010,1917,31512.5 mi
67
IA-902842
Gravel · Power at road
4.3Jun 30, 2025$38,5008,9376,5368.2 mi
64
IA-333169
Paved · Full utilities
5.5Sep 28, 2024$81,40014,9047,88211.5 mi
61
IA-802276
Gravel · Power at road
2.9Jan 22, 2024$30,90010,7998,2387.5 mi
59
IA-482585
Landlocked · Power at road
3.6Jun 9, 2024$23,0006,4367,16512.1 mi
55
Show adjustment detail for the top comp
  • Tract size (10.53 ac → 9.6 ac)+0.7%
  • Access (Landlocked → Dirt)+26.5%
  • 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.