J55 County Hwy P64 & County Hwy Lamoni, IA 50140
This exceptional 80-acre (±) commercial property in Ringgold County, Iowa, presents a unique investment opportunity. Located at the northwest intersection of County Highway J55 and P64 in Section 7 of Riley Township, this fertile pastureland boasts tight, well-maintained fences (except the west side, requiring fence installation by the new owner). Multiple ponds provide ample water for livestock, enhancing productivity and health. A functional calving shed is included, streamlining livestock management. The property's accessibility is enhanced by paved highway access. Beyond agricultural uses, the land offers significant hunting potential, attracting wildlife and providing a haven for outdoor enthusiasts. This property is ideal for expanding agricultural operations or seeking a tranquil rural retreat, offering a blend of utility and recreational enjoyment. The asking price is $360,000. The property's zip code is 50140, with the city listed as Mount Ayr, though the verified city is Lamoni. This is a truly versatile property offering a strong return on investment for those seeking a blend of agricultural and recreational opportunities.
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
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Property description
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No recorded transactions found for this property.
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Risks
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