2037 Ivanhoe Road

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2037 Ivanhoe Road

Ely, IA 52227-9523
Asking Price
$899K
Asset Type
Farm Land
Class
Class B

AI Property Summary

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

  • Large 54.99-acre farm site located in Ely, Iowa
  • Offered for sale at an asking price of 899086 dollars
  • Property features expansive acreage suitable for traditional agricultural use
  • Asset sits within a stable and productive regional farm market
  • Strategic land investment opportunity located in Linn County

What's Special

Agricultural expansion or long-term land investment defines this 54.99-acre farm property located in Ely, Iowa. Situated within a region known for its fertile soil and robust agricultural output, the site presents a practical foundation for various farming operations. The acreage provides sufficient space for row crops or pastoral development, benefiting from the consistent landscape characteristic of the Midwestern corridor. Its location in Linn County allows for convenient access to regional supply chains and essential infrastructure, supporting both current productivity and potential future utility. Investors will find this parcel serves as a reliable asset in a growing submarket where land preservation and agricultural productivity remain primary economic drivers. Whether utilized for expanding an existing operation or holding as a strategic land asset, the property represents a straightforward acquisition in the Ely area. Its geography aligns with the traditional land use patterns found throughout the broader Iowa landscape, offering a stable environment for those seeking to capitalize on regional farming demands.

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NOI
$80,000
Cap Rate
8.90%
DSCR
1.50
Strong
Cash-on-Cash
9.87%
Monthly Payment
$4,448.187
Annual Cash Flow
$26,621.756

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