69 Hwy Weldon, IA 50262
Exceptional investment opportunity encompassing 408.79 acres of prime Iowa farmland, strategically positioned near Van Wert and Humeston. This property is offered as three distinct tracts, each with its own unique characteristics and potential. Tract 1, a substantial 216.55 acres (m/l), boasts 207.26 FSA cropland acres with a CSR2 rating of 63.1 and is conveniently located on Highway 69 in Decatur County. Tract 2, comprising 152.24 acres (m/l), includes 143.29 FSA cropland acres (123.51 acres currently in production) and a CSR2 rating of 58.5, situated near Humeston in Wayne County. Finally, Tract 3 offers 40 acres (m/l) with 36.8 FSA cropland acres (19.79 acres currently in production) and a CSR2 rating of 55.1, also near Humeston in Decatur County. The remaining acreage across all tracts consists of productive pastureland. This farmland benefits from its location within a thriving agricultural community, close proximity to grain elevators and ethanol plants, making it an ideal addition to an existing operation or a sound investment-grade land purchase. The property is zoned for agriculture and features APNs: 0317300004
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.