Build Site with Strong ROI

Price: $53,000
Acreage: 3
County: Palo Alto
State: Iowa

Property Description

Here is your opportunity to own a highly desirable 3 +/- acre build site featuring an established grove of mature trees. This property offers privacy, beauty, and the perfect setting for your future custom home! The property includes an older well, newly buried electrical service, and a brand-new driveway with a newly installed drainage pipe, making it ready for your build plans. Adding to the value are two functional 10,000 +/- bushel bins that can be used for grain storage. As an added benefit, the seller would be willing to rent the grain bins back from the new owner for approximately $3,000 annually, creating income potential. At the current list price, the property offers an impressive estimated 5.7% return on investment.

Smaller acreage build sites like this are becoming increasingly difficult to find, especially those offering income-producing assets and established improvements. Whether you're looking to build your dream home, invest in a hard-to-find rural acreage, or both, this property deserves your attention. For more information or to schedule a private tour, contact Listing Agent Jordan Petersen at (712) 631-5887. Showings are by appointment only and require proof of pre-approval prior to scheduling.

Property Features

  • Affordable acreage ready for your new home
  • Established grove with mature trees
  • Older well on the property (unknown condition)
  • Newly buried power
  • Brand new driveway access and pipe
  • 3 +/- acres
  • 2 functional 10,000 +/- bushel grain bins
  • Cash rent on bins
  • 6.25 miles from Laurens
  • 23 miles from Emmetsburg
  • 22.5 miles from Pocahontas
  • Laurens Marathon School District

Property Address

0000 355th Avenue, Laurens, IA