270Th St Kellerton, IA 50133
- Land
- 40.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 270Th St
- Lot size
- 40.00 lot acres
- Property type
- Land
Description
This exceptional 40-acre property in Ringgold County, Iowa, presents a unique investment opportunity. Located near Kellerton (zip code 50133), this land boasts 33 FSA tillable acres, ideal for row crops. Recent improvements exceeding $40,000 include tiling, terracing, and new water intakes, enhancing productivity and minimizing future expenses. The property's adjacency to a large hog barn provides access to free manure, further reducing fertilizer costs and maximizing yields. The farm is accessible via a gravel county road running its width. A multi-year lease-back option from the current owner is available. Situated approximately 75 miles from Des Moines, this location offers convenient access while maintaining a rural setting. This property is perfect for investors seeking diversification and strong returns, combining agricultural potential with hunting opportunities. The land's location in Eastern Ringgold County provides access to a strong agricultural community. This is a rare opportunity to acquire high-quality farmland with significant recent improvements at an attractive price point of $278,000.
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
- Kellerton
- County
- Ringgold
- State
- Iowa
- Longitude
- -94.09
- Latitude
- 40.7044