For Sale
$3,300,000220.5 Acres
For Sale

000 M Avenue, Cherokee, IA 51012 - Cherokee County

Farms
Ranches
Undeveloped
Static Google Map
Property ID 22630244

220.5 +/- Acre Farm with Good Fertility in Cherokee County

Located in northern Cherokee County, this outstanding 89.3 CSR2 220.5 +/-acre farm offers 213 +/- acres of highly productive, tillable land with good fertility, making it an ideal investment for agricultural enthusiasts. Grid soil samples from this past fall showed just a few inputs were needed, and it was all done promptly. Samples will be shared with qualified buyers. The farm is in excellent condition and features prime soil conditions, ensuring top yields year after year. There is a manure management plan in place, further adding value. The current owner will continue the plan at an applied rate of 65% of the cost of commercial fertilizer unless otherwise agreed upon.

With excellent farm-to-market access, this property offers convenience and ease of operation for any farming venture. Just 4.25 miles from the local coop and 10 miles from the ethanol plant. There is 2 points to access the property. The land is currently under a three-year lease, generating just under an impressive $75,000 in annual cash rent, providing a stable income stream for the new owner! Over the last 8 years the farm has averaged 204 bushel/acre corn and 67 bushel/acre soybeans.

Whether you’re looking to expand your farming operation or seeking a long-term investment opportunity in one of Iowa’s most fertile regions, this property fits the build. Contact the listing agent, Jordan Petersen, at (712) 631-5887 for a private tour.

Property Features

-High-quality farmland

-220.5 +/- acres with 213+/- in production

-Great access and only a quarter mile off pavement

-Ease of farm-to-market

-4.25 miles from the local coop

-10 miles to the ethanol plant

-Small easement on the northeast corner for a pipeline

-20’ easement is the south half of the farm for neighbor access

-Manure management plan in place unless otherwise agreed upon

-3-year lease currently in place

-Farm generates nearly $75,000 annually

-Annual taxes approximately $6,900

-Grid soil samples available for qualified buyers

-8-year average soybean yields 67bu/acre

-8-year average corn yields 204bu/acres

Location

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Jordan Petersen

Jordan Petersen

Midwest Land Group