0 450Th St Chariton, IA 50068
This exceptional 34.91-acre (more or less) property in Lucas County, Iowa presents a unique investment opportunity. Situated conveniently near Highway 65, in Union Township, Section 2, this parcel boasts approximately 33.64 acres of tillable land. The land exhibits a strong weighted average CSR2 of 57.9, indicating fertile soil and high agricultural potential. This makes it ideal for farming operations seeking a reliable return on investment. The property's zoning is designated as Agricultural (Ag). The parcel includes two APNs: 0902400004 and 0902400010. Beyond its agricultural value, the expansive acreage offers ample space for a potential homesite, allowing for the creation of a custom home and outbuildings in a tranquil rural setting. The convenient highway access adds to its appeal. This property is priced at $275,848 and represents a rare opportunity for both agricultural endeavors and future homestead development. The address is 450th St, Derby, IA 50068.
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
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.