Property
$864,500149.39 Acres
Off Market
Off Market
$864,500149.39 Acres
Off Market

P-28 & F51, Stuart, IA 50250 - Guthrie County

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Property ID 2976979

149.39 acres in Guthrie County, Iowa

Description

If you’re looking for an investment property or to add to your existing farming operation, look no further than this listing! This farm offers great income potential from a combination of high quality rolling pasture ground and highly productive flat and tiled tillable ground. This farm will yield a 3.0% return in the first year! For a private showing of this dynamic farm, contact me today.

Property Features:

- 62.94 tiled tillable acres with an average weighted CSR2 of 77.46

- Current owner will rent tillable at $250.00/acre for 2016 season or $15,735.00

- 2015 soybean harvest yielded an average of 63.86 bu/acre

- Multiple field entrance points off of a paved road for large equipment makes easy access during planting/harvest

- 86.45 acres of paddock designed pasture rented out at $10,000.00/year or $116/acre.

- Pasture will support up to 50 cow/calf pairs per season

- 2016 income potential = $25,735.00 or 3.0% ROI

- New exterior pasture fencing was completed in 2010

- All gates are secure and in great condition

- 2 pasture ponds (.15 & .42 acres in size) have recently been rebuilt with new spillways

- Pasture is full of many mature oak trees that provide plenty of shade or could produce additional income

- 15â?? x 45â?? metal-sided cattle shed included with property

- This farm is located just 5 miles south of Panora on Wagon Road (P-28) and 7 miles north of Stuart/I-80 in Jackson Township of Guthrie County (27-79-30)

- Paved road access to tillable fields and pasture

- This property is full of whitetail deer with additional hunting opportunities at nearby Milo Ray State Wildlife Area that is just east of the property

- Rural water (Xenia) has been run to the east side of the pasture to the location of a potential future home or cabin building site

From elevation to risk assessment

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Environmental Factors

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Source:First Street
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Listing last updated: February 4, 2022 at 9:11 AM
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