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Property profile & analytics
OFF-MARKET
Land

0 Us-169 Dallas Center, IA undefined

55.55 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 55.55-acre (m/l) Iowa farmland parcel presents a compelling investment opportunity. Located just outside the Des Moines Metro area, north of Adel and northwest of Dallas Center, this property boasts convenient US Highway 169 frontage and sits within Section 29 of Sugar Grove Township, Dallas County. The land comprises 56.73 FSA-certified cropland acres, entirely tillable, and boasts a superior CSR2 soil rating of 88.1. Prime soil types include Clarion, Nicollet, and Canisteo loam, all classified as Non-Highly Erodible Land (NHEL). Utilities are readily accessible, with Xenia Rural Water (2.5-inch and 8-inch lines nearby) and MidAmerican providing gas and electric service to the area. Prospective buyers are responsible for independently verifying utility connection feasibility and associated costs. This property is ideally suited for expanding agricultural operations or investors seeking land in a thriving community, falling within the Dallas Center Grimes Community School District. The seller is open to considering the sale of the northern 15.55 acres separately, at a price reflecting comparable sales for smaller parcels. This represents a rare chance to acquire high-quality farmland in a rapidly developing region. The APN is 0729300009, 0729300010. The asking price is $886,250.

Property profile
Verified
Property type Land
Lot 55.55 ac (2,419,758 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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