20Th St Oelwein, IA 50662
- Land
- 161.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 20Th St
- Lot size
- 161.50 lot acres
- Property type
- Land
Description
Exceptional 161.5-acre commercial land opportunity in Fayette County, Iowa, is available for $1,700,000. This property boasts approximately 136.72 FSA cropland acres with an average CSR2 of 86.3, classified as NHEL (non-highly erodible land). The dominant soil types are the highly productive Kenyon, Floyd, and Clyde Clay loams. While a 10.6-acre portion of the non-tillable area is a Farmable Wetland with existing subsurface tile, the remaining 14.4 acres offer potential for expansion through tiling and cultivation. This area also presents recreational possibilities, showing signs of abundant wildlife. Strategically located near the Fairbank ethanol plant (three miles) and major grain outlets in Cedar Rapids and along the Mississippi River (within sixty miles), this land is ideal for row crop production. Access is provided via 20th Street, with an additional access point secured through a permanent easement. Note that the acreage may slightly adjust after a building site survey. This property presents significant upside potential for both local farmers and investors. The APN is 1831100007
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oelwein
- County
- Fayette
- State
- Iowa
- Longitude
- -91.9853
- Latitude
- 42.6568
