LOT SIZE 163.050 acres
MLS#251624
STATUSActive
PROPERTY TYPELand - Farm
Property Description
163.05+/- Acre Premier Development & Income Tract. Rare 5-parcel opportunity featuring extensive shoreline along Prairie Lake. Strategically positioned for high-end residential development or a high-performance 1031 Exchange. Includes 143.7 highly productive crop acres with an official 75.2 Weighted Average CSR2 and peak ratings of 89 on primary Clarion and Nicollet soils. Documented tile drainage (2001/2012) supports an impressive estimated 196.3 Bu/ac corn yield. Cash farm lease generates $40,236.00 in annual rent for the 2026 season. Immediate 2027 possession is available for the new buyer as the statutory lease termination notice has already been served. Anchored by Lot 6 in Sec 23, Center Grove Twp. This truly is a RARE opportunity to acquire a shoreline tract of this scale in the Iowa Great Lakes region.
Property Features
Property Type: Land - Farm
Lot Size: 163.05 Acres
Taxes: $1,673
Feature Descriptions
Body of Water: Prairie Lake
Days on Site: 70
Flood Zone: Unknown
Lot Dimensions: 2,665 ft x 2,665 ft
Lot Features: Irregular Lot, Leased, Tillable
Parcel #: 0723400005
Listed By / Shown By
Listed By
Agency Name: Keller Williams Okoboji
Agency Contact: PRIM: 712-305-8987
Agent Name: Abby Goodell
Shown By
Agency Title: United Real Estate Solutions
Agency Phone: 712-226-6000
Estimate Your Payment
Estimated Payment
$ 15,491.87 per month $14,623.28 Principal & Interest $139.42 Property Tax $729.17 Homeowner's Insurance
190th St | MLS# 251624
This land located at 190th St, Spirit Lake, IA 51360 is currently listed for sale with an asking price of $2,500,000. The property has approximately 163.05 Acres. Search Spirit Lake real estate on www.unitedrealestatesolutions.com today.