Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    03 County Highway T12 E Newton, IA 50208

    View on Map
    Claim this Listing
    Pending
    Contact for pricing

    LAND - Newton, IA

    Lot size:
    78.50 Acres
    Added:
    Feb 11, 2026
    Days on Market:
    85
    Last Refresh:
    May 7 at 7:06 am

    Property Features for 03 County Highway T12 E

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Ag
    Standard status
    Pending
    APN
    801200009, 801200010
    Lot size
    78.50 Acres

    Taxes and HOA fees

    Tax Description
    Exact legal description to be taken from Abstract.
    Tax Annual Amount
    3122

    We can help!

    Listing Contact
    Matt Adams

    Listing agent Matt Adams License #***

    Listing office Peoples Company 1108 S 44th Street, Suite 102, Clive, IA

    Listing date Feb 11, 2026

    MLS# 734227 Listing URL

    Copyright © 2026 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.

    HighLights

    • Highly productive farmland with an average CSR2 soil rating of 83.4.
    • 70.76 total FSA cropland acres, with 68.66 acres currently in row crop production.
    • 2.10 acres enrolled in a CRP contract (CP21) generating $630 annual income.
    • Located in Jasper County, Iowa, northeast of Newton, Iowa.
    • Consists of 78.50 surveyed acres m/l.
    • Accessible from the east off paved County Highway T12 North.

    Overview

    Productive Farmland in Jasper County

    This property features 78.5 surveyed acres of farmland located northeast of Newton, Iowa, in Jasper County. The land includes 70.76 total FSA cropland acres, with 68.66 acres currently in row crop production. The tillable acres have an average CSR2 soil rating of 83.4, exceeding the Jasper County average of 68.5. Primary soil types include Colo silty clay loam, Nevin silty clay loam, and Nodaway silt loam, with the cropland acres classified as NHEL (Non-Highly Erodible Land). An additional 2.10 FSA cropland acres are enrolled in a CP21 (grass filter strips) CRP contract, expiring on 9/30/33, with a rental rate of $300.00 per acre and an annual payment of $630. Access is available from the east off of paved County Highway T12 North. The property is located in Section 1 of Newton Township, Jasper County, Iowa.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Newton
    County
    Jasper
    State
    Iowa
    Longitude
    -93.0122
    Latitude
    41.7317

    Nearby Similar for Sale

    • $2,145,000
      4,968 SF

      NNN Leased Pizza Ranch Investment

      NNN leased Pizza Ranch in Newton, Iowa for sale.
      1500 W 18th St S, Newton, IA 50208
      View Details
    • $159,000
      1,908 SF

      Versatile Two-Story Newton Multifamily Property

      Two-story property with flexible options for homeowners or investors.
      412 S 2nd Avenue E, Newton, IA 50208
      View Details
    • $159,000
      1,908 SF

      Versatile Two-Story Newton Multifamily Property

      Two-story property with flexible single-family or duplex configuration.
      412 S 2nd Avenue E, Newton, IA 50208
      View Details
    • $315,000
      1,928 SF

      Well-Maintained Duplex with Detached Shop

      Updated duplex with garages, shop, and large yard.
      1306 E 6th Street S, Newton, IA 50208
      View Details
    • $194,900
      1,440 SF

      Updated Duplex with Garage

      Updated duplex with modern features and detached two-stall garage.
      502 E 12th Street S, Newton, IA 50208
      View Details
    • $219,900
      1,624 SF

      Renovated Duplex in Central Newton

      Turn-key duplex with updated features and income potential.
      820 1st Avenue E, Newton, IA 50208
      View Details
    • $194,900
      1,440 SF

      Updated Duplex with Garage

      Updated duplex with detached garage, ideal for investment or owner-occupancy.
      502 E 12th Street S, Newton, IA 50208
      View Details
    • $1,000,000
      3,520 SF

      Freestanding BP Gas Station

      Single tenant BP gas station in Newton, Iowa for sale.
      4300 South 22nd Avenue East, Newton, IA 50208
      View Details
    • $199,000

      Versatile Commercial Building in Newton

      High-visibility Newton building with full kitchen, bar, and furniture.
      111 E 2nd Street S, Newton, IA 50208
      View Details
    • $1.00

      Productive Farmland Near Newton, Iowa

      281.33 acres of farmland located northeast of Newton, Iowa.
      02 E 44th Street N, Newton, IA 50208
      View Details
    • $1.00

      Productive Farmland with Hay Shed

      281.33 acres of farmland with excellent yield history.
      02 E 44th Street N, Newton, IA 50208
      View Details
    • $1.00

      Productive Farmland Tract For Sale

      77.85 acres of farmland with high soil rating.
      01 E 44th Street N, Newton, IA 50208
      View Details

    FAQs

    What type of property is this?
    Farm - 78.5 acres of tillable farmland northeast of Newton, Iowa.
    Where is this farm located?
    The property is located at 03 County Highway T12 E Newton, IA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Highly productive farmland with an average CSR2 soil rating of 83.4.; 70.76 total FSA cropland acres, with 68.66 acres currently in row crop production.; 2.10 acres enrolled in a CRP contract (CP21) generating $630 annual income.
    (515) 423-9235
    We can help!
    Listing Contact
    Matt Adams
    Real Estate License ID: ***
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    03 County Highway T12 E, Newton, IA 50208
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!