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TBD Yale Avenue, Manson, IA 50563

$926,500

New Listing
  • MLS# 734236
  • Bedrooms N/A
  • Bathrooms N/A
  • Total Sq.ft N/A
  • Property Type Lots / Land
  • Year Built N/A

Property Description

This high-quality 94± acre investment farm offers an exceptional combination of strong, reliable income and long-term value. The property is predominantly tillable with high-quality soils including Clarion loam, Nicollet clay loam and Webster clay loam making it a proven income producer in a highly desirable location. A scenic pond and native grasses add recreational appeal and aesthetic value rarely found on a farm of this caliber. The property is being sold subject to a sale-leaseback, providing immediate, dependable cash flow with no need to secure an operator. Whether you’re looking to expand a land portfolio or place capital in a stable, tangible asset, this farm checks all the boxes. ? 94.52 gross acres ? 80.79 FSA acres ? 69+/- tillable acres with strong cash rent ? Estimated annual taxes: $2,838 ? CSR2: 86.44 ? 17.81 acres enrolled in CREP (conservation reserve enhancement program) ? 30 year CREP contract expires in 2040 ? Non-cropland acres Ideal for duck and pheasant hunting

Legal: Exact legal to come from updated abstract
Active

Property Information

734236 $926,500 Sale Land TBD Yale Avenue Manson Webster IA 50563 Manson 2838

Utilities

No

LISTED BY

Kiloterra, Colin Ortmeier (515.298.5029)

Property Location

Request Info For MLS #734236

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