1405 530th Street, Cherokee, IA 51012 - Cherokee County

Located just outside of Cherokee, Iowa on 40 +/- acres are 4 1,000-head finisher buildings, 31 +/- tillable acres, a lovely home, and several outbuildings! They have a deep well and rural water backup. North barns are 42'X 208' with new gates and wet-dry feeders. The northwest building has a brand-new curtain. Gates swing to be able to adjust pen size or pre-sort. The steel on the roof is less than 4 years old. Each building has two 15-ton bins and they have their own propane tank. They are curtain-sided with linear actuators for a south curtain and run on a car battery which allows 12 hours capacity without electricity. They have 6 pit fans with 3 on the south and 3 on the north and both buildings have stir fans. They were built in 2000.

The south building is 42’x208' with gates that are 4 years old. They swing to change pen size or pre-sort. This barn is split in the middle if needed to run two separate groups. There are four 6.6-ton bins. The roof steel is less than a year old. The feeders are dry feeders with Suevia cup waters and a swinging nipple in each pen. This building was built in 1994. There is a new south curtain on this building. There are 8 pit fans, 4 on the north and 4 on the south.

There are two 15-ton bins. Curtains are the same as other buildings. There are 6 pit fans, 3 on the north and 3 on the south. There is a propane tank that is split with the south building. This barn has stir fans and was built in 1996. Buildings sit very close to Highway C-38, perfect for delivery.

The home is a 3 bedroom home with 2 baths. It has a partially finished basement. The main heat is a propane boiler and is a high-efficiency boiler. There is central air and ground force heat also. The house runs on rural water. This home is move-in ready and offers over 2,800 square feet of finished living space! There is an awesome hot tub room that is well-ventilated to enjoy on those cold days or if you simply just need to relax. All house appliances are to stay with the property.

Current operation options:

2 1,000 head hog confinements with wet dry feeders generate $72,000 a year gross

No long-term contract, the pigs are sold in July

1 building converted to feed 500 head of calves between 250 and 500 lbs

45 cents a day a head for yardage $82,125 gross (No current contract) (Seller has info)

3 buildings manure to cover 240 acres at $120 an acre or $28,800 gross

31 acres of farm ground rented for $350 an acre or $10,850 gross

House for rent $800 a month or $9,600 gross

Current total gross income $203,375

Hog buildings pay someone to take care of them $8 a head a day

Electricity on all 4 is $600 a month

Propane is $300 a month for all 4 roughly depending on winter and how full buildings are when cold hits

All buildings connected to a deep well (250' deep)

All buildings connected to rural water if needed

1 building with almost no gates partially converted to feed baby milk calves would hold 500 head at $1 a day per head yardage or $182,500

Building would need $40,000 in gates to go back to hog custom feeding

Building that is converted to calves would need $1,000 to convert it back to pigs

15,000 bushel grain bin has not been used in about four years. It would take some minor repairs to get it functional. It has stir-ators and heat tied with propane tanks.

Contact the listing agent, Jordan Petersen, for a private tour of this excellent returning property at (712) 631.5887.

Property Features

-30 miles from Storm Lake

-1 hour from Seaboard

-Pavement road frontage for ease of trucks

-Next nearest swine unit is over 1.5 miles away for disease control

-Deep well

-Rural water as a secondary if needed

-Site has a 12-hour battery backup

-Corn crib

-Newer roof steel

-Slats are in good condition

-Manure management in place

-15,000 bushel bin

-3 bedroom, 2 bath home

-Partially finished basement

-High-efficiency boiler is main heat source

-Central air and ground force heat also

-House is on rural water

-31 +/- tillable acres with a CSR2 average of 86.2

-Strong fertility

-Taxes $2,766 annually

-Property has the ability to produce a 10%+ return fully rented or leased