- 194th Ave

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- 194th Ave

Ottumwa, IA 52501
Asking Price
$345K
Asset Type
Farm Land
Class
Class B

AI Property Summary

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

  • Agricultural land asset spanning forty-five acres total
  • Property is currently listed for sale at $345,000
  • Located along 194th Avenue in Ottumwa, Iowa
  • Functional farm site suitable for diverse agricultural uses
  • Situated within the established Wapello County rural region

What's Special

Agricultural expansion or private recreational development define the potential for this 45-acre farm situated on 194th Avenue in Ottumwa, Iowa. The parcel offers significant open space suitable for diverse farming operations or long-term land holding strategies within this established agricultural region. Local economic activity remains anchored by traditional farming practices, benefiting from the fertile landscapes characteristic of southeastern Iowa. Access to regional markets is facilitated by the area's infrastructure, supporting efficient transport of agricultural products or equipment across the county. This asset represents a functional land holding for investors or operators looking to capitalize on rural Iowa acreage. The property maintains a strategic position in Wapello County, providing ample room for custom site planning based on individual agricultural requirements or conservation interests. With its straightforward layout and location, the land serves as a practical addition to an existing farm portfolio or a foundational acquisition for new operations in the submarket.

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NOI
$80,000
Cap Rate
23.19%
DSCR
3.91
Strong
Cash-on-Cash
57.50%
Monthly Payment
$1,706.872
Annual Cash Flow
$59,517.539

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