Sold
112± Acres
Warren County
Marketable Timber Along River And Building Site In South Central IA
113th Ave Norwalk, IA 50211
Description
This is an incredible investment opportunity on many levels. It’s a great recreational set up that brings a 4.5% ROI to the table at list price and it has a building site available that could be split off. Properties like this do not see the open market very often and when they do they don’t last long!
Summary
Address
Features
Wild Game, Whitetail, Waterfowl, Turkey, Upland Game, Waterfront, Investment, Conservation Reserve Program (CRP), Minerals, River, Big Game, Small Game, Pheasant, Dove, Quail, Other Game, Duck, Geese, Frontage, Roads, Road Frontage, County Road, Road Access, Gravel, Government Programs, Utilities, Electric, Water, Activities on Property, Hunting, Fishing, Hiking, Boating, ATV Riding, Horseback Riding, Camping, Family Activities, Biking, Snowmobiling, Seller's Mineral Rights Convey, Wild Game, Whitetail, Waterfowl, Turkey, Upland Game, Waterfront, Investment, Conservation Reserve Program (CRP), Minerals, River, Big Game, Small Game, Pheasant, Dove, Quail, Other Game, Duck, Geese, Frontage, Roads, Road Frontage, County Road, Road Access, Gravel, Government Programs, Utilities, Electric, Water, Activities on Property, Hunting, Fishing, Hiking, Boating, ATV Riding, Horseback Riding, Camping, Family Activities, Biking, Snowmobiling, Seller's Mineral Rights Convey
Road Frontage
County Road
Road Surface
Gravel
Land Details
Enrolled in Government Program
Improvements/Features
Big Game, Waterfowl, Upland Game, Small Game, Seller's Mineral Rights Convey
Land Type
Hunting and Recreational, Timberland, Waterfowl
Land and Farm Property Types
Land - Hunting, Land - Recreational, Timberland - Natural
Property Type
Recreational Land, Timberland, Hunting Land
Details
- Property is located across the road from Des Moines South Side city limit and 10 minutes from Norwalk
- Incredible investment property
- Build site on SE side of property with water and power available at the road
- 89 acres FSA tillable currently in CRP
- 79.9 acres CP23 @ $279.23 acre until 2025 and 6.44 acres CP21 @ $287.33 acre until 2026, total income is $24,160 annual
- Property has CSR2 avg of 68.1 on all FSA tillable acres
- North River runs through property
- Marketable timber along river (Walnut and Maple)
- Farm has Deer, Turkey, and Pheasants present
- Property is 1.5 miles East of SW 9th exit off Hwy 5
- 4.5% ROI at list price
- Farm could easily be converted to tillable once CRP expires
Other
Utilities
electric
Onsite
water
Onsite
Coordinates
41.4917,
-93.5942
Annual Taxes
$0
Status
Sold Property
For more information or to see additional properties currently for sale see Gabe Adair's listings.