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23.07 acres in Appanoose County, Iowa

0 Hwy S70, Melrose , Iowa 52561 - Appanoose County
$165,600 23.07 Acres
Property ID 3084302


23 acres of development land; one-quarter mile to Lake Rathbun; Bridge View Bait & Tackle and Bridge View State Park. The property is zoned commercial but can be used for ag, housing development, duplex/condos or single family dwellings. Land is currently farmed. CSR2 30.4; majority soil types are Armstrong & Clarinda. annual rent estimate 16 acres X $175 = $2800 less RE taxes of $280 = $2500 estimated net income.


From Moravia IA: Hwy J18 W to intersection Hwy S70; turn S 1 mile on Hwy S70 to just before 413th St; property lies on west side of road (across road diagonial from Irish Cove Boat House).

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