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M Avenue, Cherokee, IA 51012

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Listed byMidwest Land Group
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Overview

Located in northern Cherokee County, this outstanding 89.3 CSR2 220.5+/-acre farm offers 213+/- acres of highly productive, tillable land with good fertility, making it an ideal investment for agricultural enthusiasts. Grid Soil samples from this past fall showed just a few inputs were needed and in was all done promptly. Samples will be shared with qualified buyers. The farm is in excellent condition and features prime soil conditions, ensuring top yields year after year. There is a manure management plan in place further adding value. The current owner will continue the plan at an applied rate of 65% cost of commercial fertilizer unless otherwise agreed upon.

With excellent farm-to-market access, this property offers convenience and ease of operation for any farming venture. Just 4.25 miles from the local coop and 10 miles from the ethanol plant. There is 2 points to access the property. The land is currently under a three-year lease, generating just under an impressive $75,000 in annual cash rent, providing a stable income stream for the new owner! Over the last 8 years the farm has averaged 204 bushel/acre corn and 67 bushel/acre soybeans.

Whether you’re looking to expand your farming operation or seeking a long-term investment opportunity in one of Iowa’s most fertile regions, this property fits the build.

Location

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Basic info

Property type
Land

Taxes

Tax Annual Amount
$6,900

Public schools

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Sourced from: Des Moines Area Association of REALTORS® MLS MLS®#: 711853 Last checked:

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