2137 623rd Avenue

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2137 623rd Avenue

Albia, IA 52531
Asking Price
$620K
Asset Type
Farm Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property spans a total of 98 acres of land.
  • This farm is currently listed for sale at 619,900 dollars.
  • Located in Albia within the state of Iowa.
  • The asset is suitable for various agricultural or farming operations.
  • The site is positioned near regional transit and logistical routes.

What's Special

This 98-acre farm for sale in Albia, Iowa, presents a functional acquisition for agricultural investors or land developers seeking expansive rural acreage. Positioned in the heart of Monroe County, the property benefits from the region's productive soil and well-established agricultural infrastructure. The site supports diverse agricultural operations, ranging from row crop production to livestock grazing or potential conservation land management. With proximity to local transportation routes, the parcel provides efficient access for equipment and regional logistics. The agricultural sector remains a foundational pillar of the Iowa economy, and this tract offers a scalable opportunity for those looking to expand their land holdings or diversify their investment portfolio. Buyers may evaluate the site for its specific utility regarding existing soil quality and topographical features, which align with standard operational requirements for large-scale farming endeavors in this part of the state.

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NOI
$80,000
Cap Rate
12.91%
DSCR
2.17
Strong
Cash-on-Cash
23.23%
Monthly Payment
$3,066.927
Annual Cash Flow
$43,196.876

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