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    Property profile & analytics

    16580 280Th St Lamoni, IA 50140

    • Commercial real estate
    • 40.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1790749
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 16580 280Th St

    Lot size
    40.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 40-acre property in Decatur County, Iowa, presents a unique opportunity. Located at 16580 280th St, Lamoni, IA 50140, this expansive land boasts open pastures with scattered trees, offering a tranquil setting. The existing five-bedroom home features hardwood floors and metal vinyl siding, although it currently lacks full electrical and water service, presenting a chance for customization. Several outbuildings provide ample storage and potential for livestock. Ideal for those seeking an off-grid lifestyle, hobby farm, or investment property, this location offers a peaceful escape while remaining conveniently situated between Kansas City, MO, and Des Moines, IA, with easy access to Highway 35. The asking price is $360,000. This property is ready for your vision and offers endless possibilities. Don't miss this chance to own a piece of Southern Iowa's countryside.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lamoni
    County
    Decatur
    State
    Iowa
    Longitude
    -93.888512
    Latitude
    40.63995

    Comparable in this City

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      Turn-Key Restaurant Business Opportunity

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    Similar Nearby for Sale

    • $220,000
      1,650 SF

      Lamoni Homestead with Horse Barn

      5.1 acre homestead with horse barn near Lamoni, Iowa.
      12079 County Highway J45, Lamoni, IA 50140
      View Details
    • $175,000
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      Lamoni, IA Restaurant - $175K

      Turn-key restaurant, established 50+ years.
      440 Hwy 69 & Main St, Lamoni, IA 50140
      View Details
    • $1,200,000
      1.00 Acre

      Remodeled Apartment Building with Laundromat

      20-unit apartment building with laundromat and office in Lamoni, Iowa.
      318 E Main St, Lamoni, IA 50140
      View Details
    • $700,000
      1.00 Acre

      Prime Lamoni Commercial Property

      20-Unit Apartment Complex with Laundry
      318 Main St, Lamoni, IA 50140
      View Details
    • $150,000
      560 SF

      Turn-Key Restaurant Business Opportunity

      Established restaurant business with equipment, land, and development potential.
      440 Hwy 69 & Main St, Lamoni, IA 50140
      View Details
    • $65,000
      440 SF

      Retail Building in Lamoni, Iowa

      Move-in ready retail space with storage in Lamoni, Iowa.
      138 N Linden St, Lamoni, IA 50140
      View Details
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    16580 280Th St
    Lamoni, IA 50140
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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