Ivanhoe Road

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Ivanhoe Road

Ely, IA 52227
Asking Price
$930K
Asset Type
Farm Land
Class
Class B

AI Property Summary

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

  • This farm asset encompasses 64.11 acres of total land area.
  • The property is located on Ivanhoe Road in Ely, Iowa.
  • The land is currently listed for sale at $929,595.
  • This site is suitable for various agricultural or farming operations.
  • The location is positioned within a stable Eastern Iowa market.

What's Special

Situated in the growing landscape of Ely, Iowa, this 64.11-acre farm parcel on Ivanhoe Road presents a significant land holding for agricultural operations or long-term investment. The region is characterized by its productive agricultural heritage and proximity to the broader Eastern Iowa economic corridor, which supports a steady demand for rural acreage. This expansive tract provides ample space for traditional farming practices, potential crop cultivation, or grazing operations. Investors and operators looking for substantial land assets in the 52227 ZIP code will find the property well-positioned within this established community. The flat terrain and scale of the acreage offer flexibility for various agricultural development strategies or resource management goals. Its location balances rural privacy with accessibility to the surrounding municipal infrastructure, making it a functional acquisition for those seeking to expand their agricultural footprint or secure a sizable land asset in a stable regional market.

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NOI
$80,000
Cap Rate
8.61%
DSCR
1.45
Strong
Cash-on-Cash
8.90%
Monthly Payment
$4,599.129
Annual Cash Flow
$24,810.454

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