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190th St, Spirit Lake, IA 51360

$2,500,000

Price Decreased
  • MLS# 251624
  • Bedrooms N/A
  • Bathrooms N/A
  • Total Sq.ft 7,102,458
  • Property Type Land
  • Year Built N/A

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.

Legal: SECTION:23 TOWNSHIP:99 RANGE:36 CENTER GROVE TOWNSHIPLOT 5 EXC TRTS SECTION:23 TOWNSHIP:99 RANGE:36 CENTER GROVE TOWNSHIPSW SW SECTION:23 TOWNSHIP:99 RANGE:36 CENTER GROVE TOWNSHIPLOT 6 SECTION:23 TOWNSHIP:99 RANGE:36 CENTER GROVE TOWNSHIPW 447' OF S.1320
Active

Property Information

  • 251624
  • $2,500,000
  • Sale
  • Agriculture
  • LAND
  • 190th St
  • Spirit Lake
  • IA
  • 51360
  • 7102458
  • Prairie Lake
  • 0.00
  • 1673
  • 2024

Utilities

  • No

LISTED BY

Keller Williams Okoboji, Abby Goodell (712.305.8987)

Property Location

SIMILAR LISTING

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252nd Ave., 255th Ave. and 260th Ave., Spirit Lake, IA 51350
Price Decreased
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Build Your Vision: 85 Acres Ideal for Residential Development Near Big Spirit and East Okoboji Lake! This prime real estate offers endless possibilities, including Natural Wetlands and close proximity to the bike trails and the boat ramps for...

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Listed by : EXIT REALTY MIDWEST, KOLETTE DELPERDANG (712.330.1805) & EXIT REALTY MIDWEST, BRAD SANDERSON (712.320.9610)

Request Info For MLS #251624

Tracy Evans - Residential Expert
Brooke Jones - Broker Associate, ABR|RSPS, Lakeshore and Residential Expert

Brooke Jones

Broker Associate, ABR|RSPS, Lakeshore and Residential Expert

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