0000 Yellowstone Avenue, Blockton, IA 50836 - Taylor County

Midwest Land Group is proud to present 155 +/- acres of high-quality farmland in Taylor County, Iowa. With over 98% of the farm in tillable acres, this farm is a strong income-producing property that would be a fantastic addition to an existing farming operation or investment portfolio. The farm has great access off Yellowstone Avenue and a beautiful Platte River frontage on the east border.

The farm consists of 152.26 DCP cropland acres carrying a 50.6 CSR2 average. Soil types consist primarily of Wabash silty clay, Humeston silty clay loam, and Vesser silt loam - all between 0 and 2 percent slope rating. There is a tenant in place for the 2024 cropping season paying $240/acre on 150 acres for a total annual income of $36,000. The farm will be open for the 2025 cropping season.

The same family has owned this farm for decades and has been well-maintained by the current tenant. It is a strong producer that would make a great purchase for an operator or a buy-and-hold investment purchase. At the current cash rental rate of $240/acre, this farm offers a 3%+ annual rate of return at the asking price. This is hard to come by in today's market.

There is an additional 70 +/- acres for sale located west of Yellowstone Avenue. Give Korey O'Day a call for more information and to schedule a private showing!

Property Features

-155 +/- deeded acres in Taylor County, IA

-Highly productive Platte River bottom ground

-152.26 DCP cropland acres

-0-2% silt loam soils

-CSR2 of 50.6

-NCCPI overall 61.5

-Current cash rent agreement of $240/acre on 152 acres

-$36,480 current cash rent annual income

-2024 cash rent income will be prorated and the buyer credit will be at a rate of $99.67/day from the day of closing through December 31, 2024

-Great access on the west side of the property off Yellowstone Ave

-Located just northwest of Blockton, IA

-Platte River adjoins the entire east boundary

-2024 taxes are approximately $2,912