$607,600 or $4,000 per acre
PROPERTY DESCRIPTION
PROPERTY DESCRIPTION
Here is a nice, affordable pasture and row crop farm located in Lucas County, Iowa. The farm is located 1 mile east of Lucas, Iowa, and less than a ¼ mile north of HWY 34. The entire farm carries a CSR2 of 47.8. The farm offers 100 +/- pasture acres currently being rented for the 2023 agricultural season for $100 an acre or $10,000 a year. There are 35 +/- cropland acres on the far east side of the property that are being cash rented for $175 an acre or $6,125 a year rounding off the total farm income at $16,125 annually.
Row crop/pasture farms at this price per acre are hard to come by in the market today. If you’re looking to expand your farming operation, add a farm to an already existing farmland portfolio, or buy your first farm for financial diversification, you’ll want to look at this opportunity.
Contact Land Agent Nick Skinner at 515-650-0974, Land Broker Luke Skinner at 515-468-3610, or Cody Skinner 515 443-6343 today to set up a private showing.
Farm Highlights
- Affordable pasture and row crop farm located in Lucas County, Iowa
- 100 acres of pasture rented for $10,000 annually + 35 acres of row crop rented for $6,125 annually. One-year lease for both row crop and pasture lease.
- Building site located on the west side of the farm
- Located 1 mile east of Lucas, Iowa
- Located less than a ¼ mile north of HWY 34
- 47.8 CSR2 on the entire farm
Brief Legal Description
151.9 +/- acres located in Lucas County, Iowa; Whitebreast Township, Section 18. The exact legal will come from the Abstract.
Taxes:
$TBD +/- Annually
From Lucas, Iowa
- Travel east on HWY 14, 1 mile
- Turn left or go North on 160the ave across the railroad tracks
- The west side of the farm is located on the right side (east side) of the road
- Land for sale sign is located at the entrance
PROPERTY AERIAL
LAND AGENT
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