Stewart Avenue

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Stewart Avenue

Coggon, IA 52218
Asking Price
$513K
Asset Type
Farm Land
Class
Class B

AI Property Summary

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

  • The site encompasses 51.29 acres of total land area.
  • This rural Iowa farm is listed for $512,900.
  • Property is situated on Stewart Avenue in Coggon.
  • The land is designated for agricultural or investment use.
  • Geographic coordinates are 42.3215, -91.7148 for the parcel.

What's Special

Agricultural operations or long-term land investment serve as primary applications for this 51.29-acre farm property on Stewart Avenue. The site provides significant acreage within the Coggon, Iowa region, a market characterized by its robust agricultural history and open landscapes. This parcel offers expansive utility for those looking to expand existing farming capacity or secure large-scale acreage in a rural Iowa submarket. Given the size and composition of the terrain, the land accommodates various cultivation practices or land banking strategies suited for the regional geography. The property remains well-positioned for stakeholders seeking stable, productive assets in a quiet, rural setting that benefits from the consistent economic base of the surrounding Linn County area.

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NOI
$80,000
Cap Rate
15.60%
DSCR
2.63
Strong
Cash-on-Cash
32.20%
Monthly Payment
$2,537.549
Annual Cash Flow
$49,549.408

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