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Listed by Luke Nissen Hawkeye Farm Mgmt & Real Estat
$584,960
Est. payment /mo
73.12 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
MLS Listing ID NOC6341117
Style Other
Annual Tax Amount $1,953
Tax Year 2025
Lot Size 73.120 Acres
Acres 73.12
Property Sub-Type Farm
Property Description
This 73.12 +/- acre income producing farm is located just Northeast of Ottumwa, Iowa, in Competine Township. Located on the edge of one of Southeast Iowa's productive agricultural regions, this farm offers an excellent combination of income potential, future row-crop production, and recreation opportunity, this property is well suited for investors, farmers, and outdoor enthusiasts. The farm is currently enrolled in the Conservation Reserve Program, with 60.65 acres generating $15,497 in annual income through September 30, 2026. Upon expiration of the contract, the new owner will have the opportunity to utilize the farm with whatever practices are best suited. The current production acres carry a strong 67.4 CSR2 average, with the predominant soil types consisting of Zook, Colo, and Vesser soils. The remaining acres feature timber, brushy fence rows, and wooded draws that create exceptional wildlife habitat. Cedar Creek winds along the Southern boundary of the property, while timbered draws and natural fencerows funnel deer and turkey movement throughout the farm, providing multiple stand locations and great hunting opportunities. Whether you're looking for a manageable farm to begin or expand your farming operation, a recreational property with dependable income, or an investment with future production potential, this versatile Wapello County farm offers an outstanding opportunity in a desirable location.
Location
State IA
County Wapello
Zoning Agriculture
Direction From the Agency/Hedrick Road, go east on 145th street. Go south on 60th avenue, and the farm is on the west side of the road.
Interior
Fireplace No
Exterior
View Y/N true
Building
Architectural Style Other
Others
Acceptable Financing NOC6341117
Listing Terms NOC6341117
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United Country Midwest Lifestyle Properties
. License ID: 76296
. License ID: 76296