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Property profile & analytics
OFF-MARKET
Land

0 270Th St Kellerton, IA 50133

78 ac lot
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: 78 acres of Iowa farmland in Ringgold County, near Kellerton (zip code 50133). This property boasts approximately 24 acres of high-end upland, with the remaining acreage currently used for grazing and hay production. The potential exists to convert additional land to row crop, increasing tillable acreage by approximately 35 acres. A nearly 3-acre pond and an existing building are also situated on the property. The land benefits from a hog fertilizer contract, providing free nutrient enhancement. Located conveniently 75 miles from Des Moines and near Lamoni and Interstate 35, this property offers easy access to major transportation routes. An adjacent 40-acre tiled and terraced row crop farm is also available for purchase, presenting an opportunity to expand holdings. The property is ideal for a variety of uses, including row crop farming, hay production, grazing, and hunting, given its diverse terrain and location in an area known for its strong agricultural community and abundant wildlife. The asking price is $503,100. This is a rare opportunity to acquire a versatile and productive piece of Iowa farmland.

Property profile
Verified
Property type Land
Lot 78 ac (3,397,680 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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