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Size: 55.3 Acres
Type: Farms, Ranches

55.3 Acres in Spencer, IA - $700,000

Property Location - 1 mile east of Spencer on Highway 18 and 1 mile south on M50 (240th Ave.)

Legal Description: Part of the North Half of the Northwest Quarter (N 1/2 NW 1/4) of Section Twenty-eight (28), Township Ninety-six (96) North, Range Thirty-six (36) West of the 5th P.M., Clay County, Iowa.

Total Acres: 55.3

Soils: Everly, Letri, Wilmonton

Avg. CSR: 67.0

Grain Storage: 110,000 bushels

Taxable Acres: 56.4 ac.

Real Estate Taxes: $1,574

FSA Information:

Cropland 54.4 acres

CRP 4.3 acres

Corn Base 27.5 acres

DD/CC Yield 111/111 bu.

Soybean Base 22.6 acres

DD/Cc Yield 36/36 bu.

Terms: Possession at close. Subject to lease for 2013.

Here is a great opportunity to purchase a smaller tract of land located on a hard-surfaced road just south of Spencer, Iowa. The 4 large bins located along the blacktop have a combined capacity of 110,000 bushels of stora...

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