113th Ave, Norwalk, IA 50211 - Warren County

This is an incredible investment opportunity on many levels. It’s a great recreational set up that brings a 4.5% ROI to the table at list price and it has a building site available that could be split off. Properties like this do not see the open market very often and when they do they don’t last long!

Property Features:

- Property is located across the road from Des Moines South Side city limit and 10 minutes from Norwalk

- Incredible investment property

- Build site on SE side of property with water and power available at the road

- 89 acres FSA tillable currently in CRP

- 79.9 acres CP23 @ $279.23 acre until 2025 and 6.44 acres CP21 @ $287.33 acre until 2026, total income is $24,160 annual

- Property has CSR2 avg of 68.1 on all FSA tillable acres

- North River runs through property

- Marketable timber along river (Walnut and Maple)

- Farm has Deer, Turkey, and Pheasants present

- Property is 1.5 miles East of SW 9th exit off Hwy 5

- 4.5% ROI at list price

- Farm could easily be converted to tillable once CRP expires