Income Producing Combination Farm For Sale In West Central IA
Whitetail Properties Real Estate is proud to offer this exceptional combination farm for sale just minutes away from downtown Denison. This farm has the sought after 4:1 ratio of tillable acres to recreational acres that makes owning this farm a wise land investment while still providing the enjoyment of the hunting opportunities it offers. The rolling terrain and timber in this area have a long history of growing giant whitetail bucks and this property is located in a great area. The farm has been well cared for by the owner and tenant over the years and would make a great addition to an existing farming operation or a wise purchase for a land investor. For more information about this farm or to schedule a private showing, call the Listing Agent today. Showings by appointment only due to locked gates at either end of L Avenue.
Property Features:
- 37.23 FSA tillable acres with a weighted ...
- 37.23 FSA tillable acres with a weighted average CSR2 of 60.6 (AgriData Inc. 2019)
- Tillable acres are currently cash rented for $260.00 per acre or $9,680.00 annually
- The cash rent agreement is on a year-to-year basis so the farm could be open in 2021
- The Internal Rate of Return on the farm is 3.5% at list price
- Soils consist mainly of Marshall silty clay loam
- 10.02 acres of hardwood timber provide ideal habitat for whitetail deer and wild turkeys
- The property is surrounded by a fence lines with mature trees that can be used for ideal elevated tree stand locations to intercept the natural deer movement across the farm
- L Ave is a Class C dirt road that is closed to thru traffic - only landowners that border the road have access and keys to the locked gates
- L Ave has a locked gate off of Deloit Blvd (West) and 280th Street (East)
- The limited thru traffic dramatically increases the farm’s attractiveness and holding power for wildlife
- The farm is located less than 3.5 miles north of Denison, 30 miles from Carroll, 32 miles from Harlan and 77 miles from Council Bluffs
- Zoned: Agricultural
- Located in Section 25 of Goodrich Township (84N) Range 39W (25-84-39)
- Annual Property Taxes: $1,190.00
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More by Garret Armstrong
