1100 Main St Donnellson, IA 52625
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.
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Lee County Speedway Car Racing Track Amusement Center
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Lee County Fair Fairground
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.