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Property profile & analytics
OFF-MARKET
Commercial real estate

32519 510Th St Russell, IA 50238

237 ac lot
Property ID
US25-1989019
Property summary
AI-generated overview

This exceptional 237-acre property in Lucas County, Iowa, presents a unique opportunity for agricultural and commercial ventures. The meticulously designed cattle feeding operation includes an 11-paddock feedlot, strategically located buildings, pens, corrals, and alleyways integrated within approximately 217 acres of well-managed, cross-fenced pastureland divided into four sections for rotational grazing. The remaining acreage encompasses a recently updated 1,300 sq ft ranch home (3 bedrooms, 1 bath, new metal roof, renovated kitchen, new flooring, vinyl windows, carpet, trim, and interior doors), a calving barn, a farm shop with an office, commodity barns, and numerous pole buildings. Modern livestock facilities feature an all-steel and cement working area, automatic waterers, processing lots with poured bunks, an oversized apron, and 10 indoor calving pens. The property is located northeast of Chariton, IA, in the picturesque rolling hills of southern Iowa. The property's APN is 0802300002 : 0802300004 : 0802400001: 0802400002 : 0802400003: 0802400004. The asking price is $1,694,550. The property is zoned Ag and features a full basement, forced-air heating, and a septic system with rural water. The home includes appliances such as an oven, dishwasher, refrigerator, microwave, and washer/dryer. Built in 1964, the home features composition siding and a poured foundation.

Property profile
Verified
Property type Commercial real estate
Lot 237 ac (10,323,720 SF)
APN 0802300002 : 0802300004 : 0802400001: 0802400002 : 0802400003: 0802400004
UPID US25-1989019
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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