0 25Th St Mechanicsville, IA 52306
Exceptional investment opportunity: 207.21-acre agricultural property in Jones County, Iowa, near Mechanicsville. This level-to-gently rolling farmland boasts approximately 200 acres currently in row crop production, with an additional 8.05 cropland acres according to the Jones County Farm Service Agency. The property features major soil types including Bassett loam, Klinger silt loam, and Colo-Ely complex. Conveniently located approximately 50 miles northwest of Quad Cities International Airport, it offers approximately 0.5 miles of road frontage on 25th Street, with easy access to Iowa Highway 38, US Highway 30, Iowa Highway 1, and US Highway 151. The legal description places it in Part of the South Half of Section 29 and Part of the North Half of Section 32, Township 83 North - Range 3 West (Rome Township). All mineral rights transfer to the new owner. The asking price is $3,294,639, with a 10% earnest money deposit required. 2023 net taxes totaled $8,828.00. The property is zoned A - Agricultural and has multiple tax parcel numbers: #1429300004, #1429300005, #1429400002, #1429400012, #1432100002, & #1432200001. Numerous grain markets are within a 20-mile radius. Possession is granted at closing. Financing options are available.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.