0 20Th Pl Lacona, IA 50139
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
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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