High-Percentage Ringgold County Tillable Farm
Price:
$287,000
Acreage:
41.04
County:
Ringgold
State:
Iowa
Property Description
Located just 1.5 miles east of Redding, Iowa, this 41.04 +/- acre Ringgold County farm offers an attractive opportunity for investors, farmers, and buyers seeking a manageable-sized property with a strong percentage of productive tillable land, a proven income history, and the potential for a beautiful rural build site.
The farm includes 34.5 +/- tillable acres, representing approximately 85% of the total acreage, with a 52.4 CSR2 average. The tillable acres have been operated in a corn and soybean rotation and, based on the farm's income history over the past four years, the property has generated a return in excess of 3.5% at the current list price.
With tenancy open for the 2027 crop season and beyond, a new owner will have the flexibility to farm the property themselves or establish a new tenant and lease arrangement moving forward. This creates an excellent opportunity to acquire a high-percentage tillable farm with a demonstrated history of income production while maintaining control over its future operation.
The property benefits from excellent access, with a hard-surfaced road along the north boundary and gravel road frontage on the west side. Rural water is located on the property, with electricity available at the road, adding to the property's appeal and potential for future development. The farm also offers an attractive setting for a potential homesite on a hard-surfaced road and scenic views of the surrounding Ringgold County countryside.
A timbered draw and natural drainage running through the center of the property provide diversity to the landscape and may offer additional recreational and wildlife opportunities.
For investors seeking a straightforward farmland investment with solid income history, or farmers looking to add productive acres to their operation, this property checks a lot of important boxes. With approximately 85% of the farm in tillable production, open tenancy, strong historical income performance, building site potential, and convenient access just outside of Redding, this is an excellent opportunity to purchase a quality Ringgold County farm. Contact Korey O’Day at (515) 519-5779 with questions or interest.
Property Features
- 41.04 +/- total acres
- 34.5 +/- tillable acres
- 52.4 CSR2 average on tillable acres
- Strong historical income performance with a return exceeding 3.5% at list price over the past four years
- Open tenancy for the 2027 crop season and beyond
- Corn and soybean rotation
- Located just 1.5 miles east of Redding, Iowa
- Hard-surfaced road frontage along the north boundary
- Additional gravel road access along the west boundary
- Rural water located on the property and electricity available at the road
- Potential build site with scenic views, plus a timbered draw offering additional recreational and wildlife opportunities
- Taxes: approximately $766
- Seller holds an active real estate broker license in the state of Iowa