120 Acres in Ames, IA - $1,308,000

This is a great opportunity to purchase a good quality farm within one mile of the Ames City limits, adjoining the Union Pacific Rail Line and within 2 miles of the Lincoln Way Energy Ethanol Plant and the Key Coop. The farm has 114.5 tillable acres. The lease is with a local operator that has leased the farm for many years on a 50/50 basis and will be farming the land in 2012. The buyer will assume all rights to this lease. Strong corn prices should translate into a good return for the new owner.

The land has a 24 and 10 county tile through the east and northern portions of the farm. The owner had the farm topography analyzed with a drainage improvement plan and estimate prepared last spring and it is available for all interested buyers. Pattern tiling this farm would truly make this one of the better farms in the area and in position to someday take advantage of its location in cl...