Sold

Quality Tillable Farm With A Great ROI

Acreage

40 ±

County

Marion

SOLD

Address 140th Ave Lot #WP001 Columbia, IA 50057

View on Google Maps

Description

This great, productive 40-acre property offers a rare opportunity for agricultural investors or farmers seeking quality, tillable land with significant income potential. With approximately 37 acres out of 40 acres devoted to productive, income-generating farming—over 90% of the total acreage this farm promises steady returns. The land carries an average CSR2 of 55.38. This farm currently carries a year-to-year lease which offers flexibility for the new owner, with the potential for continued rental income. The current farmer has a vested interest in maintaining the lease, making it an attractive option for those looking for a reliable, income-producing property with the potential for long-term tenancy. Whether you're an investor looking for a low-maintenance income property or a farmer seeking prime land to expand your operations, this farm is an exceptional opportunity. For more information or to schedule a showing, contact us today!

Details

  • 37 +/- acres of tillable
  • 55.38 CSR2 soil rating
  • Current farm lease is 37 acres @ $275/acre. $10,175 total annually
  • 3.22% return on investment at asking price
  • Current farm lease is year-to-year but the current renter is interested in continuing the lease
  • One pond on the property
  • Annual Taxes: $710

Summary

Roads

Road Frontage

Fencing

Low

Land Type

Ranch and Farm

Waterfront

Pond (0-3 acres)

Land Details

Tillable

Road Surface

Gravel

Property Type

Farms

Road Frontage

County Road

Improvements/Features

Small Game, Big Game, Waterfowl

Tillable/Production Areas

Tillable, Corn, Soybeans

Land and Farm Property Types

Agriculture - Farm

Other Property Details

Utilities
  • electric: nearby
  • water: nearby
Coordinates

41.16282, -93.08314

Annual Taxes

$710

Sold Property

For more information or to see additional properties currently for sale see Dylan Hand's listings.

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