R30 Terre Haute Rd Lamoni, IA 50140
This exceptional 123.4-acre property in Decatur County, Iowa, presents a rare blend of recreational and investment opportunities. Located near Interstate 35 for easy access, this diverse land boasts a mix of timber, row crop, and Conservation Reserve Program (CRP) land. 80.54 acres are currently enrolled in CRP, generating an annual income of $129 per acre. The property's strategic location and meticulously managed environment make it ideal for hunting, particularly known for its sizable deer population. The land's history of responsible management ensures a healthy ecosystem for years to come. This offering includes Tract 2, but Tract 1 is also available for purchase, providing flexibility for buyers seeking a larger landholding. The asking price for this remarkable property is $802,100. The property is situated at Tract 2, R30, Terre Haute Road, Lamoni, IA 50140. This is a unique chance to own a piece of Southern Iowa's rich hunting and agricultural landscape. The property's combination of recreational appeal and consistent income stream makes it an attractive investment. Don't miss this opportunity to own a piece of Iowa's natural beauty and agricultural potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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