Investment Opportunity with Build Site and Recreational Value

Midwest Land Group is proud to present this 120 +/- acre farm in Audubon County, Iowa. Located just a few miles north of Interstate 80 and approximately 6 miles southeast of Exira, the farm features 113.05 FSA cropland acres, complemented by timber edges, draws, and ditches. The diverse soil composition includes Exira Silty Clay Loam, Judson-Colo-Ackmore Complex, Shelby Clay Loam, Deep Loess, and Marshall Silty Clay Loam, resulting in a weighted CSR2 average of 57.3. The property is currently enrolled in a CRP contract expiring on 9/30/2027, generating an annual payment of $33,322.00, or $301.26 per acre on 110.61 acres. This farm offers a fantastic opportunity to enhance an investment portfolio. Upon the CRP contract's expiration, the new owner could choose to farm the land, seek enrollment in a new CRP program, or lease it to a local farmer for an excellent return on investment. Beyond its high-quality farmland, the property boasts multiple attractive building sites along with hunting and recreational potential. With substantial timber blocks and cedar thickets to the north and south, strategically placed food plots and tower stands could create exceptional hunting for deer, turkeys, and pheasants. The sellers are open to considering offers for the south 80 acres or the north 40 acres as separate transactions. Whether you aim to diversify your investments by moving capital from the stock market into real estate, expand your existing farming operation with additional tillable ground, or desire a peaceful country building site, this farm warrants your consideration. For further information or to arrange a private showing of this beautiful property, please contact the listing agent. Pre-approval is required. 120 +/- acres in S.T.R. 29-78N-34W Approximately 50 miles from West Des Moines, Iowa 113.05 FSA cropland acres CSR2 weighted average of 57.3 Annual CRP payment of $33,322 CRP contract expires 9/30/2027 Taxes: $3,605 Multiple beautiful building locations Electricity available along the road Excellent hunting for deer, turkeys, and pheasants Peaceful and private setting Scenic views Commutable distance to Des Moines Strong investment potential Excellent potential return on investment 2.86% ROI at the asking price Sellers will consider offers on the south 80 acres or the north 40 acres Contact the listing agent for more details or to schedule a showing Must be pre-approved