Property
$789,210158 Acres
Off Market
Off Market
$789,210158 Acres
Off Market

U.S. 69, Lamoni, IA 50140 - Decatur County

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Property ID 18229383

Decatur 158

Just 1 hour from the Des Moines metro this picturesque property spans approximately 158 acres & offers many desirable features. 7+ ACRE LAKE, convenient location, excellent income, scenic views, & easy access to Interstate 35. This property presents an ideal investment for those seeking nice financial returns w/ hunting opportunities. Approximately 74ac with a CSR2 of 43 enrolled in the Conservation Reserve Program(CRP enrolled through 2030), generating a steady annual CRP income of appx $9500/yr. Also 54.44ac boasting a CSR2 rating of 54 currently utilized for row crop production & rented at $185 per acre. This results in a total 2023 yearly income of $19,573. Significant amounts of fertilizer were applied this growing season & it clearly shows! This will benefit the future Crop Producer for years to come. Looking ahead to the 2024 farm season, the new owner has the opportunity to enhance their return further, potentially exceeding $22,000 per year by adjusting the cash rent to current market rates. With the newly planted food plot, this property also caters to the outdoor enthusiast providing opportunities for deer, turkey, & pheasant. In addition to its income potential & recreational appeal, this property also provides paved frontage ensuring easy accessibility & convenience. If you are an outdoorsman seeking a beautiful income farm with hunting possibilities or simply looking for long term reliable return in a shaky market, this property punches the ticket!

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Directions

Across the road(east) from 31685 US-69, Lamoni, IA 50140. Please use GPS

Resources

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Property Website
Contact Seller
Iowa Land Man (Remax Real Estate Center)

Urbandale, IA

(515) 417-3289
Listing provided by
Sean Asada
Iowa Land Man (Remax Real Estate Center)(515) 417-3289
Source: MLS# 681571
Listing last updated: November 10, 2023 at 2:09 PM
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