Smaller Tillable Tract On Paved Road Frontage

This property has already been sold and is not currently for sale.
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Acreage: 51
County: Cherokee
State: Iowa

Property Description

Located 1.5 miles north of Quimby on L Avenue is 51 +/- acres of farmland. This smaller tillable parcel is affordable and situated on paved road frontage for ease of farm-to-market. The farm can access a few additional tillable acres if some older terraces are removed or made farmable. There is a 12,000-bushel bin on the southwest corner by the main entrance. Annual property taxes are approximately $1,411. The current owners would entertain renting the farm back if the new owner desires. In its current state, the land has a 2.2% gross return from an investment standpoint.

The property does offer excellent opportunities for a home if someone is looking to build and have the additional farm income. Downtown Cherokee is under 15 minutes and Sioux City is 45 minutes. The farm is shown by appointment and proof of funds only. Contact listing agent Jordan Petersen at (712) 631-5887 for a tour.

Property Features

  • Paved road frontage
  • 51 +/- acres
  • 12,000-bushel bin
  • Easement for the use of brand-new rock crossing
  • Affordable smaller tillable tract
  • Ability to add additional tillable acres with some dirt work
  • Annual tax approximately $,1411
  • Available for the 2025 season
  • Owners are willing to rent the farm back
  • 2.2% gross ROI
  • Building sites for a home.
  • 45 minutes from Sioux City
  • 15 minutes from Cherokee
  • River Valley School District

Property Address

000 L Avenue, Quimby, IA