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    OFF-MARKET
    Commercial real estate

    17664 L Ave, Perry, IA 50220

    120 ac lot
    Property ID
    US25-0292568
    Property summary
    AI-generated overview

    This 120-acre agricultural property in Dallas County, Iowa, is being offered via public auction on September 13th, 2024, at 10:00 AM at the Perry Elks Lodge. Located near Minburn and Perry, this nearly 100% tillable tract boasts 115.47 FSA cropland acres with a CSR2 of 85.8. The primary soil types are Canisteo clay loam, Nicollet loam, and Clarion loam, designated as NHEL (Non-Highly Erodible Land). The property features improved drainage with tile ranging from 6" to 28", enhancing its agricultural productivity. The farm is available for the 2025 cropping season and has been under the stewardship of a long-term tenant, who may be interested in leasing from the new owner. Situated in a strong farming community near grain markets and ethanol plants, this land presents a compelling opportunity for expansion or investment. The property includes APNs 0236300003, 0236300005, and 0236400003, and is located at 17664 L Ave, Perry, IA 50220, in Section 36, Spring Valley Township. Online bidding is available. This single tract will be sold on a price-per-acre basis.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 120 ac (5,227,200 SF)
    APN 0236300003, 0236300005, 0236400003
    UPID US25-0292568
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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