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Property profile & analytics
OFF-MARKET
Land

30 Terre Haute Rd Lamoni, IA 50140

241.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 241.4-acre property in Decatur County, Iowa, presents a unique blend of recreational and investment opportunities. Ideally situated near Interstate 35 for easy access, this diverse farm boasts a mix of timber, Conservation Reserve Program (CRP) land, and row crop acreage. The meticulously managed land is renowned for its abundant wildlife, making it a prime hunting location for Iowa's prized whitetail deer. A significant portion, 148.46 acres, is enrolled in the CRP program, generating a substantial annual income of $129 per acre. This consistent revenue stream adds significant value to the property's investment potential. The property is offered for sale as a whole, but the owners are also open to dividing it into two separate tracts. Tract 1 encompasses approximately 118 acres, with 67.92 acres in CRP. Tract 2 includes roughly 123.40 acres, with 80.54 acres in CRP. This versatile property offers a compelling combination of recreational enjoyment and sound financial returns, making it an attractive proposition for both hunters and investors seeking a piece of Southern Iowa's rich landscape. The property is located at R 30, Terre Haute Road, Lamoni, IA 50140. The asking price for the entire 241.4-acre property is $1,569,100.

Property profile
Verified
Property type Land
Lot 241.4 ac (10,515,384 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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