Red Oak Evergreen Avenue Farmland
Parcel #/ID: 0525300001, 0525300004, 0525300006, 0525300007, 0525300011, 0526200008, 0526400001, 0526400002, 0526400007, 0526400008, 0526400013
Farmland for sale in Montgomery County, Iowa. Contiguous tillable farmland with 2 grain bins, with approximately 25,000 bushel capacity. Lying just over 3 miles from downtown Red Oak, this farm offers meticulously kept buffers and drainage, with multiple points of access along the south property line, 210th St. Existing network of tile drains and terraces. Average CSR2 of 72.6. Crops for 2018 was split with beans on the east side, and corn on the west. Crop land is leased for the 2019 growing season.
258 +/- acres tillable, 7 +/- acres terraces/drainage
Sec 25-Twp 72-Rng 39
NW 1/4 SW 1/4 Part Lt 1, NE 1/4 SE 1/4 Part Lt 1, Se 1/4 SW 1/4, SW 1/4 SE 1/4 (EX PCL A), SW 1/4 SW 1/4 (EX PCL A), SE 1/4 SE 1/4 (EX 1 ACRE WE WE COR), NW 1/4 SE 1/4, SW 1/4 NE 1/4 LT 3 (EX PCL A & B), NE 1/4 SE 1/4 (EX RR)
258 +/- contiguous acres of tillable Montgomery County farmland. Crop land acres are leased for $60,000 per year and is leased for the 2019 growing season.Average CSR2 of 72.6.
Terraces and tile drains through-out the property
Turnkey farmland with 2 grain bins with approximately 12,500 bushels of storage per bin.
Multiple access points across the entire south property line, with county maintained gravel roads offering quick access to Red Oak.
Great investment and income-producing farm opportunity!
Located about 3 miles outside of downtown Red Oak.
Estimated Income: (Call Agent for Details)
Crop Income: $60,000
TOTAL ESTIMATED INCOME: $60,000
Taxes: $8,788/year (2017)
Listing ID#: 1177888