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    320th Lakin's Grv Ave Stanhope, IA 50246

    Sponsored
    For Sale
    Contact for pricing

    LAND - Stanhope, IA

    Lot size:
    120.00 Acres
    Days on Market:
    10
    Last Refresh:
    Jan 7 at 9:06 pm

    Property Features for 320th Lakin's Grv Ave

    General Information

    Special listing conditions
    Auction
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Auction
    Standard status
    Active
    Zoning
    Ag
    APN
    40872528200002, 40872528200004, 40872528200003
    Lot size
    120.00 Acres

    Peoples Company (515) 771-7588 [email protected]

    Listing agent Andrew Zellmer (712) 898-5913

    Listing date Dec 29, 2025

    MLS# 732047 Listing URL

    Copyright © 2025 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iowa Farmland Auction - Stanhope

    Located approximately 3 miles northeast of Stanhope, Iowa, this 120.00 acre property in Hamilton County features 117.14 Non-Highly Erodible FSA cropland acres. 99.70 acres are currently in row crop production with a CSR2 average of 71.1. The remaining 17.44 FSA cropland acres are enrolled in CRP programs CP27 & CP28, generating an annual payment of $5,232. There are 2.02 acres enrolled in CP27 with a contract expiring 9/30/32, a rental rate of $300.00 per acre, and an annual payment of $606. Additionally, 3.03 acres are enrolled in CP27 with a contract expiring 9/30/32, a rental rate of $300.00 per acre, and an annual payment of $909. Furthermore, 12.39 acres are enrolled in CP28 with a contract expiring 9/30/32, a rental rate of $300.00 per acre, and an annual payment of $3,717. The farm is leased for the 2026 crop season, with the buyer assuming the lease. The total cash rent for 2026 is $26,919, paid in three equal installments. The first payment of $8,973, due March 1st, 2026, will be credited to the buyer at closing. The subsequent payments of $8,973 each are due September 1st, 2026, and November 15th, 2026, and will be paid directly to the buyer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Stanhope
    County
    Hamilton
    State
    Iowa
    Longitude
    -93.759736
    Latitude
    42.323622

    FAQs

    What type of property is this?
    Farm - 120 acre Hamilton County farm with CRP income.
    Where is this farm located?
    The property is located at 320th Lakin's Grv Ave Stanhope, IA.
    What is the asking price?
    The asking price for this property is $1.00.
    What are key features of this property?
    This property features: - High-quality Hamilton County farm with 117.14 Non-Highly Erodible FSA cropland acres.; - **99.70 acres currently in row crop production with a CSR2 average of 71.1.**; - Existing farm lease in place for the 2026 crop season, providing immediate income.
    (712) 898-5913
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    320th Lakin's Grv Ave Stanhope, IA 50246
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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
    320th Lakin's Grv Ave Stanhope, IA 50246
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