Investment Opportunity with Build Site and Recreational Value

Property Description

Midwest Land Group is proud to present this 120 +/- acre farm in Audubon County. Located just a few miles north of Interstate 80 and approximately 6 miles southeast of Exira, Iowa. The farm consists of 113.05 FSA cropland acres, with the remainder including timber edge, draws, and ditches. The soil makeup includes Exira Silty Clay Loam, Judson-Colo-Ackmore Complex, Shelby Clay Loam, Deep Loess, and Marshall Silty Clay Loam. The weighted CSR2 average is 57.3. The farm is currently in a CRP contract that will expire 9/30/2027. The annual contract payment is $33,322.00 or $301.26 per acre with 110.61 acres enrolled in CRP.

The farm would be a fantastic addition to one's investment portfolio! Once the CRP contract expires, the new buyer could either farm it themselves, try re-enrolling in a new 10-year program, or have a local farmer cash rent the open ground for an excellent ROI.

In addition to the high-quality farm land, this property has multiple beautiful build sites with hunting and recreational opportunities. With large blocks of timber and cedar thickets to the north and to the south, the addition of a couple strategically placed food plots and tower stands, the new owner would have great hunting for deer, turkeys, and pheasants. The sellers would consider offers on selling the south 80 acres or the north 40 acres as two separate transactions.

If you're looking to move some money from the volatile stock market into real property to diversify your investment portfolio, add additional tillable ground to your current farming practices, or are looking to build in the country to enjoy the peacefulness the country provides, this could be your farm! If you're wanting more information or would like to schedule a private showing on this beautiful farm, call the listing agent. Must be pre-approved.