0 190Th Ave Milo, IA 50139
This exceptional 12.87-acre property, located in Warren County, Iowa, presents a unique investment opportunity. Situated on Highway G76 and 190th Avenue, near Lacona (zip code 50139), this commercially zoned land (Agriculture permitted use) offers unparalleled potential. The parcel boasts convenient paved road access, just three miles west of Lacona, providing easy access to essential amenities. The location offers a blend of rural tranquility and proximity to larger urban centers, with Indianola a 20-minute drive and the Des Moines Metro area approximately 45 minutes away. Enjoy breathtaking views of the Warren County countryside while maintaining complete privacy. This property is ideal for a variety of uses, given its size and zoning. Essential utilities, including rural water and electricity, are readily available at the roadside, simplifying development plans. The APN is 11000250284. This is a rare opportunity to acquire a substantial land parcel in a desirable location, offering both agricultural and commercial potential. The asking price is $250,000. Don't miss this chance to own a piece of Iowa's picturesque landscape. The property is free from restrictive covenants.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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