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Property profile & analytics
OFF-MARKET
Land

1100 Main St Donnellson, IA 52625

80 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 80-acre property in Lee County, Iowa, is being offered via a live and online auction on November 6th, 2024, at 10:00 AM CST. Located just northwest of Donnellson, IA, at 1100 N Main St, Farmington, IA 52625, this prime farmland is ideal for expansion or investment. The property is comprised of two 40-acre tracts (m/l), each with approximately 38.02 FSA cropland acres. Tract 1 boasts a CSR2 of 62.8, while Tract 2 has a CSR2 of 59.4. Over 95% of the land is tillable, featuring predominantly Edina Silt Loam, Grundy Silt Loam, and Pershing Silt Loam soil types. The auction utilizes a "Buyer's Choice" method, allowing the high bidder to select either tract individually or both, at their high bid. Bidding will continue until both tracts are sold. This presents a unique opportunity to acquire high-quality farmland in a desirable location. The auction will take place at the Lee County Fairgrounds (Learning Center Building) in Donnellson, IA, with simultaneous online bidding available. Don't miss this chance to expand your farming operation or build your investment portfolio.

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
Current use
Occupant on record · Public records
  • Lee County Speedway Car Racing Track Amusement Center
  • Lee County Fair Fairground
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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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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