U.S. 69 , Lamoni, IA 50140(Decatur County)

Discover the possibilities on this remarkable 40-acre property boasting paved frontage and quick access to Interstate 35. Nestled within its picturesque landscape, you'll find a large well-stocked 7-8 acre lake serving as the centerpiece. Rolling hills, timbered draws, and a convenient entry point that gives way to a prime build site overlooking your very own private lake. Approximately 12.44 acres currently in row crop production, carrying a CSR2 of 50.21 is cash rented at $185 per acre for the 2023 season. Approximately 8.7 acres are also enrolled in the Conservation Reserve Program (CRP), providing an anticipated annual CRP income of $1,122.21. 10% of this could be converted into a food plot to enhance potential hunting opportunities. In total, the property yields a 2023 income of $3,477. Significant amounts of fertilizer were applied this growing season and it shows! This will benefit the future Crop Producer for years to come. The open 2024 crop season presents an opportunity for the new owner to increase rental income in subsequent years. Notably, the property features an overbuilt pond dam where the Seller recently raised the outlet, resulting in an additional 1-2 surface acres, effectively transforming the pond into a 7-8 acre lake. Endless possibilities await this exceptional property. Make the most of this opportunity to secure a beautiful piece of Iowa land that promises years of enjoyment and endless potential.