0 Garling Rd La Porte City, IA 50651
This exceptional 195-acre property, located in Black Hawk County, Iowa, near La Porte City, presents a compelling investment opportunity. The land boasts approximately 190 tillable acres, boasting a CSR2 rating of 61.7 and classified as Non-Highly Erodible Land (NHEL), ensuring sustainable agricultural practices. Completely pattern tiled in 2010, this nearly 100% tillable farmland offers significant potential for investors seeking a substantial addition to their existing operations or a new venture. Conveniently situated along Garling Road in Section 22 of Spring Creek Township, its proximity to Interstate 380 provides easy access to major transportation routes and local markets, enhancing operational efficiency. The property's history of owner-operation and meticulous care is evident, and the current operator is open to a lease agreement with a new investor, offering a potential for immediate and consistent returns. The asking price is $2,047,500. The property's APN numbers are 871122151001, 871122301001, 871122176001, 871122176002, 871122326001, 871122201004, and 871122251001. The zip code is 50651.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.