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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 3.66 Acres Winnebago County Ia Forest City, IA 50436

3.66 ac lot Built 2004
Property ID
Property summary
AI-generated overview

This exceptional 3.66-acre retail property, located in Winnebago County, Iowa, near Thompson, presents a unique investment opportunity. The property features a substantial 101' x 192' barn, built in 2007, with a capacity for 2,400 head. The barn boasts significant infrastructure, including a 900,000-gallon manure pit with an annual production of approximately 517,080 gallons, averaging 59.1 lbs of nitrogen per 1,000 gallons. Recent upgrades include new curtains, stainless steel feet, and updated furnaces, ensuring operational efficiency. The slats are estimated to have a remaining lifespan of over 10 years. The property also includes four 18-ton bulk feed bins and owned LP tanks. The sale includes two additional turns of pigs under contract with Christensen Farms, with the income prorated at closing. The buyer will assume responsibility for the manure management, although the seller has expressed interest in purchasing it if the buyer desires. The property's address is 6521 460th Street, Buffalo Center, IA 50436. Real estate taxes are $1,316 annually. Single-phase electricity and a 50 KW generator are also on-site. This property offers substantial potential for various retail uses, benefiting from its size, existing infrastructure, and strategic location. The asking price is $540,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2004
Lot 3.66 ac (159,430 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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