This highly productive 198+ acre agricultural property presents a rare opportunity to acquire a substantial income-producing land asset with both immediate cash flow and long-term appreciation potential. With established lease agreements in place and additional income opportunities available, the property is well-positioned for investors, operators, or those seeking to diversify into agricultural real estate.
Estimated $130,000 annual income
Tillable acreage currently under 2-year farm lease generating approximately $60,000 annually
House and buildings offer additional income potential of $60,000-$70,000 annually through separate lease opportunity
Parcel ID: B0600010009903
Zoning: A (Agricultural)
Acreage & Farm Lease
The property includes 198+ acres of quality tillable farmland, currently under a 2-year agricultural lease generating approximately $60,000 annually. This lease structure provides:
Immediate and stable income
Reduced operational involvement for ownership
Flexibility at lease expiration for renegotiation or operational changes
Potential upside as commodity markets and rental rates fluctuate
The size and continuity of the tillable acreage make the property attractive to area operators and support long-term leasing stability.
Improvements & Additional Revenue Potential
In addition to the farmland, the property includes a residential dwelling and multiple agricultural buildings. These improvements create a strong secondary income opportunity, with projected lease income of $60,000$70,000 annually through a separate rental or operational agreement.
Potential uses include:
Residential tenant housing
Farm manager or employee housing
Equipment storage
Workshop or agricultural support space
Specialty or supplemental agricultural operations
This dual-income structure allows for diversified revenue streams and enhanced overall return on investment.
Financial Summary
Estimated Total Annual Income: Approximately $130,000
Diversified income from both land lease and improvement lease
Income-producing asset with appreciation potential in agricultural land values
Property Details
Parcel ID: B0600010009903
Zoning: A (Agricultural)
The Agricultural zoning designation supports a broad range of farming, agricultural production, and related uses, reinforcing the property's long-term viability as a working farm or investment-grade agricultural holding.