Iowa Row Crop and Investment Tract in Wapello County

Description

Prime farmland opportunity in Wapello County, Iowa, conveniently located on paved Compentine Road near the border of Jefferson and Keokuk County. This property features 57 acres, with approximately 46+/- tillable acres comprised of Adair, Otley-Nira, and Colo-Ely soils, ensuring optimal productivity with a 58.8 CSR2 rating. Of the 46 tillable acres, 16 are enrolled in CRP set to expire in September, while 30 acres are currently rented by a long-term, quality local tenant for the 2024 crop season. Centrally located near Hedrick, Martinsburg, Farson, and Agency, this property presents an excellent opportunity to purchase an affordable tract in a premium Iowa farmland neighborhood.

The rolling terrain, with contour farming practices, ensures good drainage and sustainability. This property has been in the same family for many years and shows excellent care and maintenance from the owners and their long-term tenant. Additionally, it offers multiple access points from two roads and would be an ideal site for a future home, with room for buildings and grain storage facilities. The property also provides recreational benefits from the timbered acres and beautiful views of the Iowa landscape. Whether you’re looking for a starter crop unit in a great neighborhood, an investment property, or to expand your existing operation, this Iowa farm is an ideal choice.

Key Features:

Prime Farmland Opportunity: Located in Wapello County, Iowa, on paved Compentine Road near Jefferson and Keokuk County borders.

Row Crop Acres: 46 +/- Tillable Acres, Consisting of Adair, Otley-Nira, and Colo-Ely soils, 58.8 CSR2 Rating

Investment Opportunities: 16 CRP acres set to expire in September, providing flexibility for future use and 30 acres rented by a long-term local tenant for the 2024 crop season.

Central Location: Near Hedrick, Martinsburg, Farson, and Agency, offering convenience and accessibility.

Rolling Terrain: Contour farming practices for good drainage and sustainability.

Well-Maintained: Owned and cared for by the same family for many years, along with a long-term tenant.

Multiple Access Points: From two roads, ideal for future home sites and grain storage infrastructure.

Potential Building Site: Room for future home, buildings, and grain storage facilities.

Recreational Benefits: Timbered acres offer excellent hunting and beautiful views of the Iowa landscape.

Versatile Property: Suitable for a starter crop unit, investment property, or expansion of an existing operation.