0 3.66 Acres Winnebago County Ia Forest City, IA 50436
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.