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Property profile & analytics
OFF-MARKET
Land

0 Creamery Rd Afton, IA 50830

108 ac lot
Property ID
Property summary
AI-generated overview

This 108-acre property in Union County, Iowa, presents a unique investment opportunity. Located in Afton, near local elevators and a 45-minute drive from the Poet ethanol plant in Corning, this versatile land offers both productive farmland and expansion potential. Currently zoned A-1, 74.54 acres are under cultivation, boasting a CSR2 of 57.2, primarily Sharpsburg and Colo soils. A significant 16.30 acres of high-quality Sharpsburg soil (CSR2 of 91) are situated on elevated ridges, ensuring consistent yields. While the current lease terminates, leaving the land available for the 2025 planting season, the previous tenant has expressed interest in continuing. An additional approximately 18 acres of unplanted land could be used as pasture or brought into production, potentially increasing the return on investment. The property includes easement access, and a survey will be completed and recorded before closing. The property's APN is 0321300007, 0321300002, 0321100007, and 0321100004. This location offers potential for hunting due to timber to the Northeast. An adequate water source is present. This property is ideal for expanding existing operations or for beginning farmers seeking high-quality land. The asking price is $734,400.

Property profile
Verified
Property type Land
Lot 108 ac (4,704,480 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
Value estimations
Realmo proprietary · 4 methods
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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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