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    20 240Th Ave Mount Ayr, IA 50854

    Pending
    For Sale
    $160,000

    Farm - Mount Ayr, IA

    Type:Farm
    Lot size:
    20.00 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 20 240Th Ave

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Pending
    Zoning
    Agriculture
    APN
    0041142
    Lot size
    20.00 Acres

    Building Details

    Architectural style
    Other

    South Central Iowa Realty (641) 464-2080

    Listing agent Wanda Hosfield (641) 464-2080 License #***

    Listing date Sep 29, 2025

    MLS# 6331806 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Productive Farmland Investment Opportunity

    This 20-acre parcel of Iowa farmland is available for purchase and is currently zoned for agriculture. The property is leased through 2027, providing guaranteed income to the new owner. The land features good terrain and a better-than-average corn suitability rating (CSR). It also offers easy access, making it suitable as an investment property or a site for a new custom home.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Storage Facility Pawn Shop Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Ayr
    County
    Ringgold
    State
    Iowa
    Longitude
    -94.20651072
    Latitude
    40.795306936

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    FAQs

    What type of property is this?
    Farm - 20-acre Iowa farmland, leased through 2027, suitable for investment.
    Where is this farm located?
    The property is located at 20 240Th Ave Mount Ayr, IA.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: - Guaranteed income from farmland lease through 2027.; - Suitable for building a new custom home.; - Productive Iowa farmland.
    (641) 464-2080
    Request Owner's contact information
    20 240Th Ave Mount Ayr, IA 50854
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 240Th Ave Mount Ayr, IA 50854
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