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Property profile & analytics
OFF-MARKET
Land

0 Racine Ave Lehigh, IA 50557

38.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 38.25-acre commercial land parcel in Webster County, Iowa, presents a unique investment opportunity. Priced at $319,388 ($8,350.01/acre), this property boasts prime hunting grounds abundant with deer, turkey, and pheasant. Currently generating income through a Conservation Reserve Program (CRP), specifically a pollinator program, it provides excellent nesting habitat for wildlife. The land features good water sources, further enhancing its appeal for hunting and wildlife. Utilities, including water and electricity, are available in some areas. Conveniently located minutes from Lehigh, Iowa, this property offers easy access while maintaining a secluded feel. Its strategic location is also within a reasonable driving distance of larger cities: 75 miles from Des Moines, Iowa, and 93 miles from Cedar Falls, Iowa. A portion of the land is wooded, with approximately 17 acres currently in row crops and CRP. The topography includes short, steep ridges ideal for wildlife bedding areas. This tract offers potential for building a home or cabin, combining recreational enjoyment with investment potential. The property's diverse features make it an attractive option for hunting enthusiasts, investors seeking income-generating land, or those looking for a peaceful retreat near Lehigh.

Property profile
Verified
Property type Land
Lot 38.25 ac (1,666,170 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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