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Listed by Sean Stewart Midwest Land Group LLC
$1,754,680
Est. payment /mo
138.48 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
MLS Listing ID NOC6340825
Style Other
Annual Tax Amount $5,452
Tax Year 2025
Lot Size 138.480 Acres
Acres 138.48
Property Sub-Type Farm
Property Description
Exceptional opportunities to purchase high-quality Iowa farmland are becoming increasingly rare. This 138± acre farm in the heart of Audubon County offers the ideal combination of highly productive tillable ground, dependable annual income, and long-term investment value in one of Iowa's premier agricultural regions. Featuring 131.22± FSA tillable acres with an impressive 70 weighted CSR2, this outstanding farm is comprised primarily of productive Marshall silty clay loam, Exira silty clay loam, and Judson-Colo-Ackmore complex soils. The gently rolling landscape provides both exceptional productivity and picturesque views across vibrant emerald fields of soybeans. The farm is currently cash rented at $300 per tillable acre, generating $39,366 in dependable annual rental income. In addition, there is a wind turbine lease providing approximately $10,000 annually, bringing the farm's total annual income to approximately $49,366. This diversified income stream creates an outstanding opportunity for investors seeking reliable cash flow while benefiting from the long-term appreciation of premium Iowa farmland. Whether you're an investor looking to diversify your portfolio or an owner-operator seeking to expand your operation with quality, income-producing acres, this property checks every box. Audubon County has long been recognized for its deeply rooted agricultural heritage, strong farming community, and commitment to crop production.
Location
State IA
County Audubon
Zoning Agriculture
Direction Hwy 71 to 170th Street. West on 170th Street to Falcon Ave. North on Falcon Ave. to property.
Interior
Fireplace No
Exterior
View Y/N true
Building
Architectural Style Other
Others
Acceptable Financing NOC6340825
Listing Terms NOC6340825
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United Country Midwest Lifestyle Properties
. License ID: 76296
. License ID: 76296