Property summary
This 80-acre farm in Mount Ayr, Iowa (50854), presents a compelling investment opportunity. Priced at $520,000, the property boasts 55.58 FSA tillable acres currently utilized for cattle grazing and hay production, offering potential income streams. Three small ponds enhance the landscape, complementing the balance of the land composed of timber and draws. The property benefits from gravel road frontage along its southern boundary. The land includes several good creek bottom areas suitable for additional tillable land, if desired. Whitetail deer hunting is prevalent in Southern Iowa, and this farm provides excellent hunting opportunities, adding to its overall appeal. The property's location and features combine income potential with recreational value, making it an attractive option for those seeking a piece of rural Iowa. The property's smaller size makes it manageable, while still offering significant potential. Note that an adjacent 320-acre farm is also available.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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