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Property profile & analytics
OFF-MARKET
Land

0 Summit Rd Humeston, IA 50123

151 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 151 ac (6,577,560 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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