3 Bedroom, 2 Bath Home and Swine Facility on 40 +/- Acres

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Price: $1,402,000
Acreage: 40
County: Cherokee
State: Iowa

Property Description

Located just outside of Cherokee, Iowa on 40 +/- acres are 4 1,000-head finisher buildings, 31 +/- tillable acres, a lovely home, and several outbuildings! They have a deep well and rural water backup. North barns are 42'X 208' with new gates and wet-dry feeders. The northwest building has a brand-new curtain. Gates swing to be able to adjust pen size or pre-sort. The steel on the roof is less than 4 years old. Each building has two 15-ton bins and they have their own propane tank. They are curtain-sided with linear actuators for a south curtain and run on a car battery which allows 12 hours capacity without electricity. They have 6 pit fans with 3 on the south and 3 on the north and both buildings have stir fans. They were built in 2000.

The south building is 42’x208' with gates that are 4 years old. They swing to change pen size or pre-sort. This barn is split in the middle if needed to run two separate groups. There are four 6.6-ton bins. The roof steel is less than a year old. The feeders are dry feeders with Suevia cup waters and a swinging nipple in each pen. This building was built in 1994. There is a new south curtain on this building. There are 8 pit fans, 4 on the north and 4 on the south.

There are two 15-ton bins. Curtains are the same as other buildings. There are 6 pit fans, 3 on the north and 3 on the south. There is a propane tank that is split with the south building. This barn has stir fans and was built in 1996. Buildings sit very close to Highway C-38, perfect for delivery.

The home is a 3 bedroom home with 2 baths. It has a partially finished basement. The main heat is a propane boiler and is a high-efficiency boiler. There is central air and ground force heat also. The house runs on rural water. This home is move-in ready and offers over 2,800 square feet of finished living space! There is an awesome hot tub room that is well-ventilated to enjoy on those cold days or if you simply just need to relax. All house appliances are to stay with the property.

Current operation options:

  • 2 1,000 head hog confinements with wet dry feeders generate $72,000 a year gross

  • No long-term contract, the pigs are sold in July

  • 1 building converted to feed 500 head of calves between 250 and 500 lbs

  • 45 cents a day a head for yardage $82,125 gross (No current contract) (Seller has info)

  • 3 buildings manure to cover 240 acres at $120 an acre or $28,800 gross

  • 31 acres of farm ground rented for $350 an acre or $10,850 gross

  • House for rent $800 a month or $9,600 gross

  • Current total gross income $203,375

  • Hog buildings pay someone to take care of them $8 a head a day

  • Electricity on all 4 is $600 a month

  • Propane is $300 a month for all 4 roughly depending on winter and how full buildings are when cold hits

  • All buildings connected to a deep well (250' deep)

  • All buildings connected to rural water if needed

  • 1 building with almost no gates partially converted to feed baby milk calves would hold 500 head at $1 a day per head yardage or $182,500

  • Building would need $40,000 in gates to go back to hog custom feeding

  • Building that is converted to calves would need $1,000 to convert it back to pigs

  • 15,000 bushel grain bin has not been used in about four years. It would take some minor repairs to get it functional. It has stir-ators and heat tied with propane tanks.

Contact the listing agent, Jordan Petersen, for a private tour of this excellent returning property at (712) 631.5887.

Property Features

  • 30 miles from Storm Lake
  • 1 hour from Seaboard
  • Pavement road frontage for ease of trucks
  • Next nearest swine unit is over 1.5 miles away for disease control
  • Deep well
  • Rural water as a secondary if needed
  • Site has a 12-hour battery backup
  • Corn crib
  • Newer roof steel
  • Slats are in good condition
  • Manure management in place
  • 15,000 bushel bin
  • 3 bedroom, 2 bath home
  • Partially finished basement
  • High-efficiency boiler is main heat source
  • Central air and ground force heat also
  • House is on rural water
  • 31 +/- tillable acres with a CSR2 average of 86.2
  • Strong fertility
  • Taxes $2,766 annually
  • Property has the ability to produce a 10%+ return fully rented or leased

Property Address

1405 530th Street, Cherokee, IA