$492,000

505th Avenue, Albia, IA 52531, US

Summary

Style: Other
Sq Ft: 0

Moving Quotes

primary photo for 505th Avenue, Albia, IA 52531, US

Remarks

This Iowa Combination Farm offers a dynamic package of highly tillable cropland, CRP native grasses and forbs and timbered draws across 80 acres. This area of NW Monroe County, Iowa, near the borders of Marion and Lucas Counties offers incredible recreational and hunting benefits and this property directly borders a large section of Stephens State Forest known for producing world class hunting opportunities. The secluded location & diverse habitat makes this a great opportunity tucked inside of a large section of contiguous acres & with Cedar Creek cutting through a portion of the farm, offering a major travel corridor for the heavy population of small game, whitetail deer & turkey. With secluded access from the north & easement access from the west, this property sets up great to take advantage of multiple wind directions & offers solid hunting set-ups regardless of the season on this private tract or on the adjoining Stephens State Forest. Along with the recreational benefits there is solid income opportunity from 29 crop acres boasting a solid 54.9 CSR2 with prospective rent in the $200/acre range & 9.31 CRP acres with an annual payment of $1,629 on one contract expiring in 2031. Iowa recreational tracts of this size boasting solid income & top end recreational benefits are in high demand & this property is a truly diverse & quality offering. *Property is accessed from 505th Avenue & additionally, an easement from 500th Avenue to access the row crop acres.*

Details

MLS#: 6312883
Price: $492,000

Style: Other
Sq Ft: 0

County: Monroe
Tax Fee: 1324

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Broker Contact

Hawkeye Farm Mgmt & Real Estat
1010 S Clinton
Albia, IA, 52531
US
Alan Ammons
! (641) 932-7796
! hawkeye@uciowa.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Southeast Iowa Regional MLS
Last updated: 2023-11-06T22:03:35.000-05:00.
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