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Property profile & analytics
OFF-MARKET
Land

0 Racine Ave Lehigh, IA 50557

94.83 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 94.83-acre commercial land tract in Lehigh, Iowa, presents a unique investment opportunity. Located in Webster County, this property boasts excellent hunting for deer, turkey, and pheasant, enhanced by existing CRP (Conservation Reserve Program) land generating income. The CRP program is a specialty Pollinator Program, providing ideal nesting habitat. The terrain features short, steep ridges offering excellent bedding cover for wildlife. Approximately 17 acres are currently in row crops. Water and electricity are available in parts of the property, making it suitable for various uses. The property's proximity to Lehigh (minutes away), Des Moines (75 miles), Cedar Falls (93 miles), and Minneapolis (200 miles) adds to its appeal. The land is predominantly wooded, with areas ideal for building a home or cabin. This offering includes the entire 94.83-acre parcel, and additional tracts of varying sizes may be available. The asking price is $791,830, representing a price per acre of $8,349.99. This is a rare opportunity to acquire a versatile property in a desirable location. Good water sources further enhance the property's value for wildlife and potential development. The property's location offers a blend of recreational and potential commercial opportunities. The combination of hunting, income-generating CRP land, and proximity to major cities makes this a compelling investment.

Property profile
Verified
Property type Land
Lot 94.83 ac (4,130,795 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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