4.3%+ ROI Investment Grade Farm
This Warren county tract is an investment grade farm with a diverse income from CRP, Row Crop, and alfalfa. The farm is nearly 100% tillable, and has been improved with tiling and terraces. The 110 FSA tillable acres have an avg CSR2 rating of 51.6. For reference, county average soils are 55 CSR2, which are valued at $7,500 per acre according to AcreValue. The farm is ideally located, in a strong farming community and a 2020 renter is already in place. Income from the 111 acres is approximately $21,708 (depending on actual planted acres). An additional 33.4 adjacent acres (NE corner) is also available, and generates approx. $5,514/ac.
For the investor with a passion for wing shooting, the grassy draws and adjacent crops make for ideal habitat. Leave some standing crops for some late season hunting, and the whitetails will pour out of the neighboring timber. There's nothing quite ...
For the investor with a passion for wing shooting, the grassy draws and adjacent crops make for ideal habitat. Leave some standing crops for some late season hunting, and the whitetails will pour out of the neighboring timber. There's nothing quite like having an investment property that you can enjoy!
Aside from the investment opportunity, this would make an excellent place to build your future home. The South East field sets high above the timbered ridges to the East, making for a breathtaking building site. The rolling nature of the property makes for a private setting, even with other homes in the area. A few other beautiful houses have been constructed along this road, speaking to the desirability of the area. And, with the proximity to Indinaola, all the necessary conveniences are only about 15 minutes away.
For more details, contact KILOTERRA Land Broker, Chuck Johnson.
- Section 36, T74N, R24W
- 110+ FSA tillable acres ($21,708/yr income - estimated Cash Rent + CRP + alfalfa)
- 51.6 CSR2
- 2020 Farm Tenant in place at $200/acre
- Flexibility for additional CRP acres
- Beautiful building site
- AcreValue county average CSR2 55 at $7,500/acre
- 1 hour from Des Moines
- Approx. 15 minutes from Indianola
From elevation to owner history
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections
From Indianola, Travel South on Hwy 69 for 13 miles. Take a sharp left (West) onto G76 Hwy and travel about 2.1 miles. Turn South (right) onto 130th Ave and travel about 1.25 miles to the property. The farm will be on the Right (West) side of the road. Look for a property sign.
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