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Property profile & analytics
OFF-MARKET
Land

0 270Th St Kellerton, IA 50133

40 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 40 ac (1,742,400 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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