0 614 St Centerville, IA 52544
Exceptional investment opportunity: 57 +/- acres of Iowa farmland situated conveniently near the Iowa/Missouri border. This property presents a unique blend of agricultural and recreational potential. Approximately 40 acres are tillable, currently used for alfalfa production, but easily adaptable to row cropping. The existing tenant holds crop rights for the current year, ensuring immediate availability for the buyer in the following year. This location is renowned for its excellent whitetail deer hunting, making it an attractive option for both investors and outdoor enthusiasts. The asking price for this versatile property is $313,500. Located in Appanoose County, Iowa, near Cincinnati, with a 52544 zip code, this land offers a compelling combination of income potential from the tillable acreage and recreational value from its prime hunting location. The property's address is 0 614th St, Centerville, IA. This is a rare opportunity to acquire a productive farm with significant hunting potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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