149.39 Acres in Stuart, IA - $864,500
If you’re looking for an investment property or to add to your existing farming operation, look no further than this listing! This farm offers great income potential from a combination of high quality rolling pasture ground and highly productive flat and tiled tillable ground. This farm will yield a 3.0% return in the first year! For a private showing of this dynamic farm, contact me today.
Property Features:
- 62.94 tiled tillable acres with an average weighted CSR2 of 77.46
- Current owner will rent tillable at $250.00/acre for 2016 season or $15,735.00
- 2015 soybean harvest yielded an average of 63.86 bu/acre
- Multiple field entrance points off of a paved road for large equipment makes easy access during planting/harvest
- 86.45 acres of paddock designed pasture rented out at $10,000.00/year or $116/acre.
- Pasture will support up to 50 cow/calf pairs per season
- 2016 income potential = $2...
- 2016 income potential = $25,735.00 or 3.0% ROI
- New exterior pasture fencing was completed in 2010
- All gates are secure and in great condition
- 2 pasture ponds (.15 & .42 acres in size) have recently been rebuilt with new spillways
- Pasture is full of many mature oak trees that provide plenty of shade or could produce additional income
- 15â?? x 45â?? metal-sided cattle shed included with property
- This farm is located just 5 miles south of Panora on Wagon Road (P-28) and 7 miles north of Stuart/I-80 in Jackson Township of Guthrie County (27-79-30)
- Paved road access to tillable fields and pasture
- This property is full of whitetail deer with additional hunting opportunities at nearby Milo Ray State Wildlife Area that is just east of the property
- Rural water (Xenia) has been run to the east side of the pasture to the location of a potential future home or cabin building site
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