Income Producing Combination Farm For Sale Near Jefferson

Description

Offering a tremendous combination farm just south of Jefferson. This farm consists of 85.33 FSA tillable acres with a CSR2 of 65.4. The tillable acres are primarily made up of loam soils of Wadena, Moingona and Terrill. This farm will not only produce strong yields but it has the potential to produce high-quality mature whitetails that grow big and old along the North Raccoon River corridor. The CRP acres provide stable additional income as well as providing crucial habitat for wildlife. This farm would make for a great addition to an existing farming operation that is looking to expand or to an investor that wants the intangible value of the recreational opportunities with the income to offset their investment. Showings by appointment only.

Property Details

  • 85.33 Acres of tillable farmland with a CSR2 weighted average of 65.2 (2019 Agridata, Inc.)
  • The farm is currently cash rented in 2019 for $200.00/acre or $16,800.00
  • The farm is open for 2020 farming season
  • 14.4 Acres of CRP practice CP38E-25 paying $1,874.00 annually and expiring 9/30/2024
  • 47.54 Acres of river bottom timber consisting mostly of cottonwood, soft maple and black walnut trees
  • Total 2019 farm income of $18,674.00
  • The majority of the bottom ground tillable acres have slope ratings between 0% – 2%
  • Great access to the Raccoon River Valley Bike Trail that runs through the middle of the farm
  • The North Raccoon River is the natural east property boundary and provides additional recreational opportunities and farm value
  • River bottom timber provides the perfect travel corridor for rutting whitetails and mature roost trees for wild turkeys
  • Located close to grain markets in Jefferson, Scranton, Rippey and the Louis Dreyfus Ethanol Plant in Grand Junction
  • A 24’ wide ingress/egress easement will be recorded for this farm giving year-round access from Newberry Ave.
  • Located 3.2 miles from the center of Jefferson, 61 miles from West Des Moines and 43 miles from Ames
  • Exact property taxes to be determined prior to closing
  • Zoned Agricultural

Newberry Avenue, Lot #WP001
Jefferson, Iowa 50129