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$ 3,599,358
Est. payment | /mo
273 Acres Lot
$ 3,599,358
Est. payment | /mo
273 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 745995
HOA Y/N No
Annual Tax Amount $11,030
Lot Size 273.000 Acres
Acres 273.0
Property Description
Exceptional opportunities to purchase high-quality Iowa farmland are becoming increasingly rare. This 273± acre farm in the heart of Audubon County offers the ideal combination of highly productive tillable ground, dependable annual income, and long-term investment value in one of Iowa's premier agricultural regions.
Featuring 260.44± FSA tillable acres with an impressive 71.8 weighted CSR2, this outstanding farm is comprised primarily of productive Marshall silty clay loam, Exira silty clay loam, and Judson-Colo-Ackmore complex soils. The gently rolling landscape provides both exceptional productivity and picturesque views across vibrant emerald fields of soybeans.
The farm is currently cash rented at $300 per tillable acre, generating $78,132 in dependable annual rental income. In addition, three wind turbine leases provide approximately $30,000 annually, bringing the farm's total annual income to approximately $108,132. This diversified income stream creates an outstanding opportunity for investors seeking reliable cash flow while benefiting from the long-term appreciation of premium Iowa farmland.
Whether you're an investor looking to diversify your portfolio or an owner-operator seeking to expand your operation with quality, income-producing acres, this property checks every box. Audubon County has long been recognized for its deeply rooted agricultural heritage, strong farming community, and commitment to crop production.
Featuring 260.44± FSA tillable acres with an impressive 71.8 weighted CSR2, this outstanding farm is comprised primarily of productive Marshall silty clay loam, Exira silty clay loam, and Judson-Colo-Ackmore complex soils. The gently rolling landscape provides both exceptional productivity and picturesque views across vibrant emerald fields of soybeans.
The farm is currently cash rented at $300 per tillable acre, generating $78,132 in dependable annual rental income. In addition, three wind turbine leases provide approximately $30,000 annually, bringing the farm's total annual income to approximately $108,132. This diversified income stream creates an outstanding opportunity for investors seeking reliable cash flow while benefiting from the long-term appreciation of premium Iowa farmland.
Whether you're an investor looking to diversify your portfolio or an owner-operator seeking to expand your operation with quality, income-producing acres, this property checks every box. Audubon County has long been recognized for its deeply rooted agricultural heritage, strong farming community, and commitment to crop production.
Location
State IA
County Audubon
Area Audubon
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Others
Tax ID multiple
Monthly Total Fees $919
Acceptable Financing Cash, Conventional, USDA Loan
Listing Terms Cash, Conventional, USDA Loan
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Listed by Midwest Land Group LLC
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Brenda Zobel-Moody