E.D.1.2
April 28, 2025
Price: $1,765,000
AREA
120 +/- acres
FLOOR
not applicable
ROOMS
not applicable
FSA
113.05
Investment Opportunity with Build Site and Recreational Value
This 120 +/- acre Audubon County farm offers 113.05 FSA cropland acres with a $33,322 annual CRP payment expiring in 2027. The property features quality soils (57.3 CSR2), multiple build sites, and abundant hunting opportunities. Located conveniently near I-80 and Exira, it presents a strong investment or lifestyle opportunity.
This farm offers a fantastic opportunity to enhance an investment portfolio. Upon the CRP contract's expiration, the new owner could choose to farm the land, seek enrollment in a new CRP program, or lease it to a local farmer for an excellent return on investment.
Beyond its high-quality farmland, the property boasts multiple attractive building sites along with hunting and recreational potential. With substantial timber blocks and cedar thickets to the north and south, strategically placed food plots and tower stands could create exceptional hunting for deer, turkeys, and pheasants. The sellers are open to considering offers for the south 80 acres or the north 40 acres as separate transactions.
Preview:
Whether you aim to diversify your investments by moving capital from the stock market into real estate, expand your existing farming operation with additional tillable ground, or desire a peaceful country building site, this farm warrants your consideration.
- 120 +/- acres in S.T.R. 29-78N-34W
- Approximately 50 miles from West Des Moines, Iowa
- 113.05 FSA cropland acres
- CSR2 weighted average of 57.3
- Annual CRP payment of $33,322
- CRP contract expires 9/30/2027
- Taxes: $3,605
- Multiple beautiful building locations
- Electricity available along the road
- Excellent hunting for deer, turkeys, and pheasants
- Peaceful and private setting
Scenic views - Commutable distance to Des Moines
- Strong investment potential
- Excellent potential return on investment
- 2.86% ROI at the asking price
