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    Tillable Agricultural Land with Timbered Draws
    Updated: May 21
    Tillable Agricultural Land with Timbered Draws

    02 255th Street, Melrose, IA 52569

    Contact for pricing
    193.50 AC lot
    193.50 surveyed acres in Monroe County, Iowa
    181.80 estimated FSA cropland acres
    Average CSR2 rating of 55.7 with Grundy silty clay loam soils
    Cropland classified as a combination of NHEL and HEL
    Access from County Road S63 and 255th Street
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Melrose, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Timbered Whitetail Hunting Land
    Timbered Whitetail Hunting Land

    000 264th Trl, Albia, IA 52531

    $1,093,400
    6,713,031 sqft

    Timbered hunting acreage with a pond, casita, box blinds, and southern access.

    View details
    Southern Iowa Farm with Improvements
    Southern Iowa Farm with Improvements

    31450 510th Street, Russell, IA 50238

    $850,000
    67.10 AC lot

    Agricultural property combining timber, open ground, farm buildings, and a ranch-style residence in Lucas County.

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    Hunting Farm With Farm Buildings
    Hunting Farm With Farm Buildings

    31450 510th Street, Russell, IA 50238

    Contact for pricing
    1,296 sqft

    Rolling ridges, hardwood timber, pasture, hay fields, and multiple agricultural buildings support hunting and farm operations.

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    Hunting Land with Hardwood Habitat
    Hunting Land with Hardwood Habitat

    625th Ave, Albia, IA 52531

    $615,965
    95.46 AC lot

    A wooded recreational tract with tillable ground, meadow, creek, and fenced acreage in Southern Iowa.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Tillable Farmland Offered in Tracts
    Tillable Farmland Offered in Tracts

    County Road S40, Corydon, IA 50060

    Contact for pricing
    183.36 AC lot

    Agricultural property comprises three productive tillable tracts with Ag zoning and established cropland acreage.

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    35 Acres Near State Forest
    35 Acres Near State Forest

    12600 Blk US Hwy 34, Lucas, IA 50151

    $275,000
    35.70 AC lot

    35-acre property adjacent to Stephens State Forest with utilities.

    View details

    Melrose, IA Farms Market Trends and Statistics

    Explore 1 farms for sale in Melrose, IA on our real estate platform. These investment opportunities span a total of 8,428,860 square feet of properties for sale.

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    Demographics Overview

    Population 541
    Population Growth (5Y) -5.8%
    Median Household Income $48,333
    College Educated 9.3%

    Taxes & Financing

    Tax Rate (average for all types) 1.75%
    Property Tax per SF $36.62 per SF
    Tax Rate vs County Average 0.59 pp below county avg
    Average Loan-to-Value 65.0%

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