30 Terre Haute Rd Lamoni, IA 50140
This exceptional 118-acre property in Lamoni, Iowa, presents a unique blend of recreational and investment potential. Situated in Decatur County, near Interstate 35, this farm offers convenient access while maintaining a secluded feel. The land boasts a diverse composition, including timber, Conservation Reserve Program (CRP) land, and row crop ground. 67.92 acres are currently enrolled in the CRP program, generating an annual income of $129 per acre. This established income stream complements the property's significant hunting appeal, known for its sizable deer population, cultivated through years of careful land management by the current owners. The property's strategic location and diverse land use make it an attractive option for both seasoned hunters and investors seeking a strong return. This listing refers to Tract 1
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.