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Productive Row Crop With Recreation Potential, Fantastic ROI Opportunity

Presenting Highly productive row crop farm located in the heart of a strong agricultural area. Earn strong income on the productive row crop acres, CRP, as well as potential rental income on the property's improvements. Enjoy recreation on the well-established hunting acres. Contact Listing Agent Tom Miller to learn more about this property. Contact Listing Agent Tom Miller to arrange a showing 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:

Kreifels-Demott Farm

SIZE:

621 acres, ml

PRICE:

$1,738,000.00

TAXES:

$8,404/yr   (Appanoose Co. Treasurer)
LAND USE:

Approximately 473 acres of effective cropland, 38.7 acres enrolled in the Conservation Reserve Program and close to 110 acres, ml, of timber, waterways & draws

(Appanoose Co. FSA )

FSA DATA:

Info coming Soon

CRP:

- 10.0 acres (trees) exp. 2012 earning $780/year

- 4.7 acres (trees) exp. 2015 earning $405/year

- 4.8 acres (buffer strip) exp. 2018 earning $414/year

- 9.0 acres exp. 2010 $662

- 4.2 acres exp. 2018 earning $370/year

- 6.0 acres (buffer strip) exp. 2018 earning $529/year

(Appanoose Co. FSA)

IMPROVMENT:

- GSI Grain Bin built in 2009, approx. 32,000 bushel storage

- 1 grain bin -, 9,000 bushel 

- 75' x 150 steel building w/ insulated roof, built in 2004

- Some new tile and terrace projects completed in 2005

- 3 water structures for wildlife completed in 2005

ANNUAL

INCOME:

CRP Income - $3,160
Building Rent - $4,800

Bin Rent - $4,800

Rent on Crop Acres - $82,775

Total - $95,535

POSSESSION: at closing - may be subject to tenancy
LOCATION:

14 Mi E of Centerville, IA

AGENT:

Tom Miller  - 712-621-1281

Click to enlarge.