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Property profile & analytics
OFF-MARKET
Land

0 20Th Pl Lacona, IA 50139

80 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 80-acre commercial land opportunity in Lacona, Iowa, presents a unique blend of agricultural and recreational potential. Located on 20th Place in Marion County (zip code 50139), this property boasts 55.46 FSA cropland acres with a CSR2 soil rating of 37.4, currently utilized for corn, soybeans, and hay cultivation. The remaining acreage features a picturesque timber-lined creek, providing a natural water source and habitat for wildlife, including deer and turkey. A fenced pasture is also included, suitable for livestock. Existing structures enhance the property's value, including a 40x62 pole barn, a 24x39 open-front barn, and a 24x28 garage. Electric service is available at the pole barn and garage, with a well providing water for livestock. Rural water is accessible at the roadside. This property is situated 5 miles northwest of Melcher-Dallas. The asking price is $512,000. The property's APN is 0409600000

Property profile
Verified
Property type Land
Lot 80 ac (3,484,800 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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