$2,276,964
$3,300,000
31.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/02/2025
Key Details
Sold Price $2,276,964
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 711853
Sold Date 05/02/25
HOA Y/N No
Annual Tax Amount $6,900
Property Description
Located in northern Cherokee County, this outstanding 89.3 CSR2 220.5+/-acre farm offers 213+/- acres of highly productive, tillable land with good fertility, making it an ideal investment for agricultural enthusiasts. Grid Soil samples from this past fall showed just a few inputs were needed and in was all done promptly. Samples will be shared with qualified buyers. The farm is in excellent condition and features prime soil conditions, ensuring top yields year after year. There is a manure management plan in place further adding value. The current owner will continue the plan at an applied rate of 65% cost of commercial fertilizer unless otherwise agreed upon.
With excellent farm-to-market access, this property offers convenience and ease of operation for any farming venture. Just 4.25 miles from the local coop and 10 miles from the ethanol plant. There is 2 points to access the property. The land is currently under a three-year lease, generating just under an impressive $75,000 in annual cash rent, providing a stable income stream for the new owner! Over the last 8 years the farm has averaged 204 bushel/acre corn and 67 bushel/acre soybeans.
Whether you're looking to expand your farming operation or seeking a long-term investment opportunity in one of Iowa's most fertile regions, this property fits the build.
Location
State IA
County Cherokee
Area Cherokee
Zoning ag
Interior
Fireplace No
Exterior
Private Pool No
Others
Tax ID 0213200006
Monthly Total Fees $575
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Midwest Land Group
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