$665,730 or $9,000/Acre – Under Contract
PROPERTY DESCRIPTION
PROPERTY DESCRIPTION
Description
Located just 7 miles southwest of Parkersburg, Iowa in north central Grundy County sits this farmland owned by Weber Land, LLC. The farm is located in Pleasant Valley township, section 15, near Buck Grove Cemetery. The farm carries 71.71 FSA certified cropland acres that have a 64.3 CSR2 and a 77.6 CSR. 23.98 +/- cropland acres are currently in a corn/bean rotation. The tillable acres are rented for the 2025 & 2026 agriculture seasons for $275 / acre with a yield bonus (contact agent for details). The farm was pattern tiled in 2014, see tile map. 47.75 acres are currently in CRP paying $14,873 annually in two separate contracts (see details below). The current farm income offers a 3.2% gross return at the asking price. The opportunities for this multiple-use and affordable tract of land are endless. It would make for a great investment, a great starter farm, or a great addition to a current landholding portfolio! Call Nick Skinner or Cody Skinner today to request a private showing.
Property Details:
- 73.97 +/- Net Acres
- 71.71 +/- FSA Cropland Acres
- 64.3 CSR2 average on cropland acres
- 77.6 CSR1 average on cropland acres
- 23.98 +/- acres are currently in a corn/bean rotation
- 64.6 CSR2 on the tillable acres in production
- The entire farm was pattern tiled in 2014, see tile map
- The tillable acres are rented for the 2025 & 2026 agriculture seasons for $275 / acre with a yield bonus. Rent is paid March 1st and November 1st.
- 47.75 acres are currently in CRP paying $14,873 annually in two separate contracts
- 41.42 Acres in a CP42 program paying $12,974 annually, expiring 9/30/2027
- 6.33 Acres in a CP21 program paying $1,899 annually, expiring 9/30/2032
- Farm income without any bonus figures is $21,467.50 (3.2% ROI at asking price)
- The farm also offers hunting opportunities for the sportsman, or the ability to add income from a hunting lease, if desired.
- Easy access off Hwy T25 in the northwest corner of the farm
- Located in north central Grundy County, Iowa 7 miles southwest of Parkersburg, Iowa
- Located 17 miles northwest of Grundy Center, Iowa
- Located 15 miles west of Dike, Iowa
- Located 23.4 miles west of Cedar Falls, Iowa
Brief Legal Description
73.97 +/- net acres located in Grundy County, Iowa, Pleasant Valley Township, Section 15. Parcel ID – 891715300005 Exact legal description will come from the abstract.
Taxes:
$1,886 +/- estimated annually
Directions:
From Parkersburg, Iowa
- Go west on Highway 57 for approximately 3.0 mile
- Turn left or south onto Jay Ave. or T25 for approximately 4.0 miles
- The farm is located on the east side of T25
- Property signage is on the farm, at the entrance
*Property is located northwest of Buck Grove Cemetery*
