$2,500,000
$2,500,000
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160 Acres Lot
SOLD DATE : 03/19/2024
Key Details
Sold Price $2,500,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 686943
Sold Date 03/19/24
HOA Y/N No
Annual Tax Amount $7,604
Lot Size 160.000 Acres
Acres 160.0
Property Description
Top-quality, irrigated Benton County farmland available! This property has it all: high-quality soils, pivot irrigation, and a massive shed with storage, shop space, and an office on a hard surface road. The 160 acre farm features 149.4 FSA cropland acres carrying a CSR2 of 82. Although Benton County, Iowa averages 36 inches of rain annually, the irrigation pivot and 800 GPM well pump ensure moisture at optimum times, even in drought years. The 6,600 square foot shop (60 x 80) and office (36 x 50) area were built in 2012 with an 80 x 152 machine shed added in 2021 and are set up perfectly for business space opportunities or farm operation headquarters. The office features a large reception area, three individual offices, a break room, a storage area, and a bathroom. Extensive field tiling was done in the spring of 2023 to improve productivity and create depreciation possibilities for the new owner. The entire farm is considered Non-Highly Erodible Land (NHEL) and has been determined to not contain a wetland. The current owner is willing to continue renting the farmland or it can be available for the 2024 row-crop season. Benton County is in the heart of one of the most productive farming areas in the US with a myriad of grain marketing options nearby; this property offers more value-added improvements than anything else on the market.
Location
State IA
County Benton
Area Mount Auburn
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Schools
School District Outside School District
Others
Tax ID 39017050
Monthly Total Fees $633
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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