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High CSR, Highway Location, Large Contiguous Property Near Creston

Presenting a choice Adams County farm that features big fields with above average Corn Suitability Ratings. This property also boasts a highway location, in addition to its large number of contiguous acres. There is currently 1 year remaining on a lease that earns $81,000 for 2010. In a market where good crop land is limited, this is a remarkable opportunity. This farm is ready to work for you, contact Listing Agent Tom Miller today.

 

The information contained in this website was gathered from sources believed to be reliable. We do not guarantee this information and urge the prospective buyer to do further investigation on their own. PPI, Inc. is representing the Seller.

NAME:

Spetman Farm

PRICE:

$2,392,000.00

SIZE:

518 acres ml

LAND USE:

Approximately 409.5 effective cropland acres, 41.5 acres in Conservation Reserve Program               

                      Adams Co. FSA

CSR:

Average 64

Adams Co. Assessor

FSA DATA:

Commodity    Acres   D. Yield

Corn               247.5       96

Soybeans       136.7       33

Wheat              22.3       40  

                   Adams Co. FSA

CRP:

41.5 acres @ $92.10/acre = $3,822.15/yr  exp 2011

                        Adams Co. FSA

POSSESSION:

Subject to lease, which is assumable

TERMS:

Cash, payable upon closing

TAXES:

$7,782 / year

Adams Co. Treasurer

LOCATION:

Approximately 9 miles West of Creston, Iowa on a hard surface road

AGENT:

Tom Miller  - 712-621-1281

Click to enlarge.