County Road J55, Other, IA 50860

$287,000

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List Price
$287,000
Status
ACTIVE
MLS#
748265
Lot Size
1,787,702
Region
Redding

Property Description

Located just 1.5 miles east of Redding, Iowa, this 41.04 +/- acre Ringgold County farm offers an attractive opportunity for investors, farmers, and buyers seeking a manageable-sized property with a strong percentage of productive tillable land, a proven income history, and the potential for a beautiful rural build site. The farm includes 34.5 +/- tillable acres, representing approximately 85% of the total acreage, with a 52.4 CSR2 average. The tillable acres have been operated in a corn and soybean rotation and, based on the farm's income history over the past four years, the property has generated a return in excess of 3.5% at the current list price. With tenancy open for the 2027 crop season and beyond, a new owner will have the flexibility to farm the property themselves or establish a new tenant and lease arrangement moving forward. This creates an excellent opportunity to acquire a high-percentage tillable farm with a demonstrated history of income production while maintaining control over its future operation. The property benefits from excellent access, with a hard-surfaced road along the north boundary and gravel road frontage on the west side. The farm offers an attractive setting for a potential homesite on a hard-surfaced road and scenic views of the surrounding Ringgold County countryside. Seller holds an active real estate broker license in the state of Iowa

Additional Information

Street Name
County Road J55
Agent Id
44490
Zip
50860
Region
Redding
City
Other
Acres
41.04
Zoning
Ag

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Calculator source: Real Geeks

Listing courtesy of Midwest Land Group LLC.

Data courtesy of the Des Moines Area Association of REALTORS