288.77 Acres in Nora Springs, IA - $1,950,000
PRICE REDUCED! This farm is a true legacy in an area where chances to buy and own land are few and far between. The annual income potential from both CRP contracts and tillable acres combined with current and future black walnut and oak timber value makes it a great investment now and will get stronger in the future. This property is an investment that can also be an outdoor memory factory for your family or group. This is an investment that you can walk on, run on, hunt, fish, ride tractors, quads, and most importantly, spend quality time with family and friends. The versatility of the property allows all season enjoyment and the access make’s it easy to come and go. Whether it’s a place to spend weekends, vacations, maybe put a cabin on or a year around dream home you will have a fantastic view overlooking the river and adjacent land, it’s a place that is sure to produce good times. En...
PRICE REDUCED! This farm is a true legacy in an area where chances to buy and own land are few and far between. The annual income potential from both CRP contracts and tillable acres combined with current and future black walnut and oak timber value makes it a great investment now and will get stronger in the future. This property is an investment that can also be an outdoor memory factory for your family or group. This is an investment that you can walk on, run on, hunt, fish, ride tractors, quads, and most importantly, spend quality time with family and friends. The versatility of the property allows all season enjoyment and the access make’s it easy to come and go. Whether it’s a place to spend weekends, vacations, maybe put a cabin on or a year around dream home you will have a fantastic view overlooking the river and adjacent land, it’s a place that is sure to produce good times. Encounters with wildlife will be a regular occurrence here and if hunting is in your plans, lots of action is in store. Don’t miss this opportunity to own a property that will continue to pay financial and memory making dividends well into the future.
Property Features:
- Annual income is $50,291
- Representing a pre tax ROI of .02915%
- Highly versatile recreational tract featuring large populations of whitetails, pheasant, and turkeys as well as fishing opportunities
- Approximately 80 acre black walnut planting is 15 years into a 50-year management plan
- Nice 8-acre stand of mature and semi mature black walnuts on east side of property
- Winnebago River runs through east side of property
- Established food plots with shooting house overlooking one of them
- Lots of edge habitat on the property
- 107 acres of tillable currently rented for $220 per acre is available for the 2017 farm season
- Trail system throughout property
- Approximately 8 acres in high fenced enclosure at SW corner of property used as garden but could be converted into additional tillable
- Building site overlooking river on east end of property
- Short drive on gravel from hard surfaced county road S70 Zinnia Avenue
- Few miles south of interstate 18 and Nora Springs
- Not far from I35 and Mason City/ Clear Lake
- Sellers will consider dividing property
- Farm has been in family for over 25 years
- FSA records for serious inquiries upon request
- Annual taxes approximately $4698.19
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