Located on a hard-surface highway, this is an excellent opportunity to secure prime farmland with a very high CSR2 of 86 in the heart of Iowa's corn-growing region. Deep, dark, and fertile soil can raise some of the best crops in the area. Get paid a huge premium for your corn at the nearby ethanol facility just down the road in Albert City. Surface drainage tile intakes coupled with lateral drainage tile lines and a significant new tile main installed in 2015 direct excess rainwater from the field to ensure solid grain production year to year. The farm lease is open for 2025 so it can start to grow crops and income for the new owner in the very next growing season. It would make an excellent addition for an existing farming operation, or it would be a smart investment for a buyer to add to a diversified portfolio.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Listing information is provided in part by the Internet Data Exchange (IDX) program of the Iowa Association MLS. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2024 Iowa Association MLS. All rights reserved.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
