000 140th Street, Belmond, IA 50421

$395,000

Located in the heart of North Central Iowa, this high-quality 38± acre farm presents an excellent opportunity for both operators and investors. Situated approximately 8 miles north of Belmond and 8 miles Northeast of Kanawha, this tract offers a strong combination of productivity, accessibility, and income potential. This farm consists of approximately 38 gross acres with nearly 100% tillable land, making it an efficient, income-producing property with minimal waste. The farm carries an impressive CSR2 average of 68.67, reflecting the strong soil quality and consistent yield potential that Hancock County is known for. With estimated annual property taxes of approximately $1,000 per year, this property offers a favorable ownership cost structure. Additionally, cash rent will be prorated, providing flexibility for a buyer—whether you’re an operator looking to take possession for the 2027 crop year or an investor seeking immediate income potential. Whether you are looking to expand your current operation, invest in a stable farmland asset, or secure a high-quality tract, this property is well versed.

Legal: Exact legal to come from updated abstract