230th Street

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230th Street

Victor, IA 52347
Asking Price
$499K
Asset Type
Farm Land
Class
Class B

AI Property Summary

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

  • This farm property encompasses 56.5 acres of land.
  • The asking price for this agricultural asset is $499,000.
  • The land is situated along 230th Street in Victor, Iowa.
  • This parcel offers significant space for diverse agricultural operations.
  • The location is positioned within a productive regional farming corridor.

What's Special

Priced at $499,000, this 56.5-acre farm parcel located on 230th Street in Victor, Iowa, presents a functional acquisition for agricultural interests. The property encompasses extensive acreage suitable for row crop production, livestock grazing, or potential long-term land banking strategies within this established agricultural region. Situated in a quiet, rural area of Iowa, the site benefits from the rich, productive soil profiles typical of the state's central agricultural corridor, which supports a stable farming economy. Prospective buyers may consider this site for continued farming operations, expansion of existing land holdings, or agricultural investment. The geography remains largely open, providing straightforward access for heavy machinery and equipment necessary for large-scale land management. This offering provides a significant land footprint for operators looking to capitalize on the region's historical agricultural productivity.

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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643

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