420th Avenue

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420th Avenue

Grinnell, IA 50112
Asking Price
Contact for price
Asset Type
Farm Land
Class
Class B

AI Property Summary

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

  • The site encompasses a total of 146.27 acres of land.
  • Located at 420th Avenue in Grinnell, Iowa 50112.
  • The property is categorized as a farm asset type.
  • Coordinates are set at 41.6881 latitude and -92.7371 longitude.
  • Land situated within an established agricultural region in Iowa.

What's Special

This 146.27-acre farm on 420th Avenue presents a significant land holding in Grinnell, Iowa. The property is situated within a region characterized by its strong agricultural roots and productive rural economy, typical of the central Iowa landscape. With its expansive footprint, the site provides substantial space for large-scale cultivation or various agricultural operations. The property sits within reach of major regional transportation corridors, facilitating efficient movement of equipment and products throughout the surrounding counties. Investors and agricultural operators will find the location well-positioned for traditional farming practices or long-term land asset diversification strategies. This site serves as a functional addition to an existing operation or a standalone investment for those seeking to participate in the regional agricultural sector. Its scale and positioning allow for versatile land usage across the rural Grinnell market area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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