Midwest Land Group is proud to present 155 +/- acres of high-quality farmland in Taylor County, Iowa. With over 98% of the farm in tillable acres, this farm is a strong income-producing property that would be a fantastic addition to an existing farming operation or investment portfolio. The farm has great access off Yellowstone Avenue and a beautiful Platte River frontage on the east border.
The farm consists of 152.26 DCP cropland acres carrying a 50.6 CSR2 average. Soil types consist primarily of Wabash silty clay, Humeston silty clay loam, and Vesser silt loam - all between 0 and 2 percent slope rating. There is a tenant in place for the 2024 cropping season paying $240/acre on 150 acres for a total annual income of $36,000. The farm will be open for the 2025 cropping season.
The same family has owned this farm for decades and has been well-maintained by the current tenant. It is a stro...
The same family has owned this farm for decades and has been well-maintained by the current tenant. It is a strong producer that would make a great purchase for an operator or a buy-and-hold investment purchase. At the current cash rental rate of $240/acre, this farm offers a 3%+ annual rate of return at the asking price. This is hard to come by in today's market.
There is an additional 70 +/- acres for sale located west of Yellowstone Avenue. Give Korey O'Day a call for more information and to schedule a private showing!
Property Features
-155 +/- deeded acres in Taylor County, IA
-Highly productive Platte River bottom ground
-152.26 DCP cropland acres
-0-2% silt loam soils
-CSR2 of 50.6
-NCCPI overall 61.5
-Current cash rent agreement of $240/acre on 152 acres
-$36,480 current cash rent annual income
-2024 cash rent income will be prorated and the buyer credit will be at a rate of $99.67/day from the day of closing through December 31, 2024
-Great access on the west side of the property off Yellowstone Ave
-Located just northwest of Blockton, IA
-Platte River adjoins the entire east boundary
-2024 taxes are approximately $2,912
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationFrom Blockton, IA, drive west on Highway J55 for approximately 0.55 miles. Turn north on Yellowstone Ave an drive for approximately 0.75 miles. The property will be on the east side of the road.
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