This is in Lone Tree, IA. I'd specify that it's on the edge of town, but Lone Tree is small enough that it's kind of all edge, there being no real center. So that's not all that informative.
I don't actually know what the story is here, what used to go on in this place, what still does go on. It's a fairly safe bet that whatever it was was agricultural, and not much more of a stretch to suggest that it was probably corn-related agriculture. (Everything in Iowa eventually intersects corn-related agriculture.) But I really don't know.
What do we care, though, right? Have you seen prettier rust lately? Hmmm?