3.66 Acres Winnebago County Ia, Forest City, IA 50436
- Retail properties & Spaces
- 3.66 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 3.66 Acres Winnebago County Ia
- Year built
- 2004
- Lot size
- 3.66 lot acres
- Property type
- Retail properties & Spaces
Description
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.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Forest City
- County
- Winnebago
- State
- Iowa
- Longitude
- -93.6421
- Latitude
- 43.2523
