Remarks

Highlights: Income Producing From Farmland and Cell Tower On Pavement Barns for Equipment Storage Location of Land: Located 1.4 miles East of Ruthven, Iowa. Directions to the Farm: From Ruthven, head East on US-18 E for 1.3 miles. The farm will be on the right (South) side of the road. Legal Description: Sec 21-96N-34W. (Parcel ID's: 200021002010, 2000210002020, 200021002021, 200021002030, 200021002040) Taxable Acres: 151.22 Taxes: $4,260 Estimated Tillable Acres: 148.81 (Surety Maps) CSR2: 79.6 (Tillable) Agricultural Buildings: Steel Utility Building: 44ft x 90ft, Built-in 1979 Steel Utility Building: 30ft x 63ft, Built-in 1975 Cell Phone Tower Income: $5,808 Estimated Cell Phone Tower Contract: The Cell Phone Tower is operated by US Cellular and began operations in July 2015. The lease will automatically renew for up to five additional five-year terms, unless the tenant provides written notice to the landlord at least 60 days prior to the expiration of the current term, indicating their intention to terminate the lease. All provisions of the lease will remain unchanged during these renewal periods. Zoning: A-1 Ag Farm Tenancy: The farm is currently rented for 2024.

Details

MLS#: 6318595
Price: $1,890,250

Style: Lots & Land

County: Palo Alto
Tax Fee: 4260