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Property profile & analytics
OFF-MARKET
Land

220th Ave & Kirkwood St Milo, IA 50166

40 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40-acre property in Warren County, Iowa, presents a unique investment opportunity. Located at the intersection of 220th Avenue and Kirkwood Street, just 1.75 miles south of Sandyville, it offers convenient access to nearby amenities while maintaining a tranquil rural setting. The land boasts 31.89 acres of well-tiled FSA cropland with an impressive average CSR2 rating of 59.6, ideal for agricultural pursuits. An existing 8,000-bushel dryer bin, complete with a 200-amp electrical service, is included. Beyond the tillable land, the property features expansive timber to the east and south, providing excellent hunting opportunities for whitetail deer and wild turkeys. Enjoy stunning views of the surrounding countryside, enhanced by mature hardwoods and Coal Creek. Utilities are readily available, with on-site electric service, a rural water pit, and well water access. This makes it perfectly suited for both agricultural operations and the construction of a new home. The property's zoning is designated for agriculture (APN: 25000340460). The asking price for this remarkable property is $425,000. This is a rare chance to acquire a versatile and productive piece of Iowa farmland.

Property profile
Verified
Property type Land
Lot 40 ac (1,742,400 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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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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