Summit Rd Humeston, IA 50123
- Land
- 151.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Summit Rd
- Lot size
- 151.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
Exceptional opportunity to acquire 151 acres of prime farmland in Humeston, Iowa, situated in Wayne County. This property boasts 135 acres of highly productive tillable land, meticulously maintained and enhanced with strategically placed tiles and terraces to optimize yields. The land is ideal for row crop cultivation, ensuring consistent and abundant harvests year after year. Adding to its value is a substantial 30 x 40 pole shed, providing ample storage and operational space. For investors seeking a smooth transition, a negotiable 5-year lease agreement with cash rent terms is available from the current owner, guaranteeing immediate income and minimizing risk. This represents a rare chance to own a piece of Iowa's agricultural heritage, offering both immediate returns and long-term growth potential. The property's location in Wayne County, Iowa, provides easy access to local amenities and transportation networks. The zip code is 50123. This is a turnkey operation ready for immediate use or investment.
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
- Humeston
- County
- Wayne
- State
- Iowa
- Longitude
- -93.4831
- Latitude
- 40.8408
