Print - Diverse Recreational Loess Hills Property With Hardwood Timber And CRP Income

Fremont Co, Iowa

± 38.5 acres $272,500

If you've been looking for an affordable recreational property with a good mix of hardwood timber, hunting and income-producing CRP, then you need to check out this farm. The property has a great 2/3:1/3 ratio of native grasses to timber. This ratio maximizes income on the property while still having plenty of timber, brush, and other non-income-producing habitat to make for incredible hunting. There are nearly 27 acres of Conservation Reserve Program CP1 & CP2.

26.82 acres enrolled in CRP (Conservation Reserve Program) paying $257.06 per acre or $6894.35 annually
Farm produces a 2.5% IRR at current list price
There are two CRP contracts that both expire 9/30/2033
CRP Breakdown: 17.25 acres in CP2 and 9.57 acres in CP1
CRP acres would be eligible for a 2.7 acre food plot (10% of total contract acres)
Approximately 15 acres of mature hardwood timber (an additional 40 acres of timber can be purchased with this property)
Timbered acres could be enrolled in the Forest Reserve Program to reduce the overall property taxes
Located less than 40 minutes from Council Bluffs and Omaha
Located in Section 25 of Scott Township (70N) Range 43W
Zoning: A - Agriculture
Annual Property Taxes: $1,116.00 (2022) or $29.00 per acre

This document was generated on: