Seize the opportunity to add this prime farmland to your operation or investment portfolio! Situated just 7 miles east of Oakland, IA, and approximately 1 mile south of HWY 6 on 490th St, this highly tillable, terraced, and tiled upland farm offers a lucrative opportunity for agricultural investment or expansion.
LOCATION: 7 miles east of Oakland, IA Approx. 1 Mile South of HWY 6 on 490th St.
BRIEF LEGAL DESCRIPTION: Part of Sections 8 & 17 Township 75 North Range 38 West All in Pott. Co. Iowa
FSA CROPLAND: Estimated 197 Acres
CSR2: Estimated Average 78.2 Per Agridata Mapping Software.
SOILS: Marshall, Judson, Exira, & Ackmore Silt Loams with Slopes Ranging from 0 - 14%
CORN BASE: 101.3 Acres/PLC YIELD: 171 Bu
SOYBEAN BASE : 88.9 Acres/PLC YIELD: 47 Bu
TAXES: $7,446 per year. Taxes pro-rated to the date of closing.
POSSESSION: At Closing, Subject to the 2024 Cash Rent Lease tha...
POSSESSION: At Closing, Subject to the 2024 Cash Rent Lease that Expires February 28, 2025.
SALE TERMS: 10% Earnest Payment Due Upon Acceptance of Offer. Balance Due at Closing.
CLOSING: On or Before 30 Days After Acceptance of Offer.
SELLER: Ridgeview Farm LLC