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Property profile & analytics
OFF-MARKET
Land

120 Acres In Hancock County Britt, IA 50423

6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Hancock County, Iowa, presents a unique investment opportunity encompassing two distinct tracts. Tract 1 features a charming 5-bedroom, 2-bathroom, two-story home built in 1900, situated on a sizable acreage. This historic residence offers significant potential for renovation or repurposing, perhaps as a unique commercial space or residential rental. The property's rural setting provides a tranquil atmosphere while maintaining convenient access to Forest City (zip code 50423). Tract 2 comprises approximately 106 tillable acres, boasting an impressive CSR2 rating of 83.8, indicative of excellent soil productivity. This highly productive farmland represents a strong agricultural investment, further enhanced by its designation as a century farm, reflecting a long history of successful cultivation. The total acreage for the combined tracts ranges from 6 to 114 acres, offering flexibility for various development or investment strategies. Located in Britt, Iowa, this property provides a blend of historical charm and significant agricultural potential, making it an attractive proposition for discerning investors seeking a diverse and profitable venture. The property's latitude and longitude coordinates are 43.1310144 and -93.8044831 respectively. This offering presents a rare chance to acquire a multifaceted property with both residential and agricultural components in a desirable Iowa location.

Property profile
Verified
Property type Land
Lot 6 ac (261,360 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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