Posted 12/14/2025 13:07 (#11469815 - in reply to #11469655) Subject: RE: Land rich and cash poor
Hennepin, IL
To give you an idea, I redid some stuff this summer and ended up getting an appraisal on a farm, no improvements mostly tillable. The appraiser used a cap rate of 1.75. Made me a bit uneasy not necessarily about my deal but just the fact that seems to be the norm.
Land rich and cash poor
