$2,876,500
$3,050,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
235 Acres Lot
SOLD DATE : 11/08/2024
Key Details
Sold Price $2,876,500
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 694744
Sold Date 11/08/24
HOA Y/N No
Annual Tax Amount $8,814
Lot Size 235.000 Acres
Acres 235.0
Property Description
High-Quality Buchanan County, Iowa Farmland Available! Offering 235 acres m/l of productive land consisting of approximately 222.97 tillable acres carrying a CSR2 of 83. The four main soil types include Oran, Bassett, and Kenyon Loams, and Clyde-Floyd Complex. There are currently 208.27 acres m/l being farmed with 24.43 acres m/l being pastured. There is future value-added potential with the farm being located along the well-traveled Highway C57 along with being situated just north of a large electrical substation and near a MidAmerican transmission line.
Additionally, there would likely be the opportunity to expand the amount of land that is tillable for increased annual income. The farm is leased for the 2024 row crop season. The property is an ideal investment farm with the current tenant willing to sign a multi-year lease. The leaseback is preferred by the Sellers. This land is located just east of Hazleton along Highway C57 and Keokuk Avenue in Sections 11 & 12 of Hazleton Township, Buchanan County, Iowa.
Location
State IA
County Buchanan
Area Hazleton
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Schools
School District Outside School District
Others
Tax ID 02.11.300.002, 02.11.100.007, 02.11.200.003, 02.11
Monthly Total Fees $734
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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