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18569 Lane Rd 10 Acres of Residential Land Offered at $100,000 in Fayette, IA 52142
EXECUTIVE SUMMARY
Fayette County's former county home is for sale. The main campus is over 40,000 sq ft on 3 levels situated on 5 acres. The home was licensed for 90 beds at one time. At its peak the facility was staffed 24/7 with commercial grade kitchen, laundry and wood working shop. There are two very good water boilers, new in 2010, and 11 air handlers spread out throughout the facility. As state regulations changed, the home was managed by a private entity, eventually dropping to just 10 residents with some rooms remodeled as 1 bedroom efficiencies. The county is taking bids with a minimum bid of $100,000. Although used as a nursing home in the past, the property could easily handle any type of office needs. Assessed at close to $2 million, this property is ready for a new owner with a new vision. Bids are due Sept. 27.
PROPERTY FACTS
| Price | $100,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 10.00 AC |
| Property Type | Land | ||
| Zoning | commercial - survey | ||
| Price | $100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 10.00 AC |
| Zoning | commercial - survey |
1 LOT AVAILABLE
Lot
| Price | $100,000 | Lot Size | 10.00 AC |
| Price Per AC | $10,000.00 |
| Price | $100,000 |
| Price Per AC | $10,000.00 |
| Lot Size | 10.00 AC |
The main campus is on 5 acres. An additional 5 acre parcel includes the lagoon.
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Volga River Realty
18569 Lane Rd
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