0 Racine Ave Lehigh, IA 50557
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.