Productive Farm Ground With Development Potential Bordering Adel

Description

This farm is in the direct path of growth and expansion of the fast-growing community of Adel. The city limits currently wrap around the north, south and west sides of this property with the Raccoon River acting as the eastern boundary. The current owner has decided not to annex this farm into the city limits so that future development of the site is not limited for the new owner. However, Adel has included this property into their Future Land Use Plan and has categorized it as Medium Density Residential and Park/Open Space. For more information about this property, call Listing Agent, Garret Armstrong.

Property Details

  • Prime development land in rapidly growing Adel
  • Currently Zoned Agricultural (A-2) by Dallas County
  • The Adel Future Land Use Plan has it zoned for Medium Density Residential and Park/Open Space
  • Utility infrastructure is currently in place along Old Portland Rd. - electricity (MidAmerican Energy), water (Xenia Rural Water) and sewer
  • Property could be annexed into Adel City Limits through an application process with the City
  • 32.11 Acres enrolled in CRP paying $7,615.00 annually
  • 86 acres M/L of flat tillable bottom ground with an average weighted CSR2 of 61.0 (AgriData 2019)
  • Tillable farm land currently rented for $22,392.00 annually
  • Current total farm income of $30,007.00
  • Adel school system
  • Easy access to Hwy 6 and Interstate I-80
  • 28 miles to downtown Des Moines
  • 18 miles to West Des Moines
  • Raccoon River frontage and access
  • Owner is willing to sub-divide and sell smaller parcels - call listing agent for details
  • Annual taxes: $2,536.00 (2017)

Old Portland Road, Lot #WP001
Adel, Iowa 50003