0000 237th Avenue

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0000 237th Avenue

Ottumwa, IA 52501
Asking Price
$456K
Asset Type
Farm Land
Class
Class B

AI Property Summary

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

  • The offering consists of 73 acres of farm land.
  • Property is located at 0000 237th Avenue in Ottumwa, Iowa.
  • The total asking price for the tract is $456,250.
  • Geographic coordinates are 41.0735 latitude and -92.6156 longitude.
  • This asset provides 73 acres for agricultural or investment use.

What's Special

Agricultural operations or long-term land investment are primary potential uses for this 73-acre farm property in Ottumwa, Iowa. Positioned within the productive landscapes of Wapello County, the tract benefits from the regional emphasis on the agricultural economy that characterizes much of southeastern Iowa. The location offers accessibility to rural transport routes, providing a stable foundation for farming activities or land portfolio diversification. Investors and producers looking for expansive acreage in this specific corridor will find the site well-situated for traditional cultivation or livestock grazing requirements. This land parcel represents a straightforward acquisition for those familiar with the local soil quality and rural development patterns typical of the greater Ottumwa submarket. As the regional demand for agricultural resources remains consistent, this holding serves as a practical addition to existing operations or a standalone investment asset.

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NOI
$80,000
Cap Rate
17.53%
DSCR
2.95
Strong
Cash-on-Cash
38.66%
Monthly Payment
$2,257.276
Annual Cash Flow
$52,912.687

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