435.41 Acres in Missouri Valley, IA - $2,095,200

This is an excellent opportunity to purchase a large tract of tillable land with some irrigation. The land lays east of the Missouri River and SE of Desoto Wildlife Refuge and Wilson Island State Park. The north 64 acres adjoins Nobles Lake Wildlife area which is managed by the Iowa DNR.

The land is leased through 2015 crop year at $222/tillable acre. The tenant has an option to renew the lease for another 5 years at rate that potentially escalates during the extension period. Mineral rights are not part of the offering. Since this land borders the Missouri River and lays near Desoto Wildlife Refuge and Nobles Lake Wildlife area there are also some excellent hunting and fishing opportunities for ducks, geese, pheasants, turkey and deer.

The land is owned by the Schwertley Pioneer Trust. The north 64 acres could possibly be purchased separately but the owner would rather sell as ...