16019 280Th St Lamoni, IA 50140
This exceptional turnkey business opportunity encompasses a 36.56-acre farm in Lamoni, Iowa, conveniently located just 1.5 miles from Interstate 35. The property features two high-quality Amish-built homes, constructed in 2005 and 2007, connected by a breezeway and sharing a bathroom. The first home boasts 5 bedrooms, while the second offers 3 bedrooms. Both homes showcase spacious kitchens and beautiful hardwood floors. Beyond the residences, the property includes numerous outbuildings and sheds. A significant asset is the fully operational on-site meat processing facility, making this a truly complete and ready-to-run agricultural business. The farm is connected to Lamoni Municipal Utilities and enjoys proximity to public transportation, being only a mile from the bus station. The asking price for this remarkable property, including land, buildings, and the established meat processing business, is $410,000. The total square footage of the homes is 3,400 square feet. This is an unparalleled opportunity for an established farmer or an entrepreneur seeking a profitable, self-sufficient venture.
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
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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.