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Listed by Stephen Hanson Hawkeye Farm Mgmt & Real Estat
$ 849,250
Est. payment | /mo
158 Acres Lot
$ 849,250
Est. payment | /mo
158 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID NOC6324822
Style Other
Annual Tax Amount $2,458
Tax Year 2024
Lot Size 158.000 Acres
Acres 158.0
Lot Dimensions 158 +/- Acres
Property Description
Located just north of Centerville, IA on the east side of Highway 5, this 159+/- acre farm offers excellent hunting, row crop income, & prime building sites. This area offers beautiful rolling hills & a multitude of recreational opportunities w/in minutes of town or Rathbun Lake. This farm features a mix of mature creek-bottom timber, oak & hickory ridges to the south, & thick, overgrown pasture to the north, creating ideal south-facing bedding areas. Hunting pressure has been minimal, w/ only one buck harvested in 2024—a mid-170s-class deer. Two newly constructed creek crossings provide better access & expand options for food plots & stand locations. The farm generates $12,250 annually from 70 acres of cash-rented cropland at $175/acre. Additional tillable acres are available for farming but have been left in wildlife cover for habitat enhancement. The mature timber stand, including walnut, white oak, & bur oak, offers future income potential through timber harvesting. The current owner has received an offer for a long-term solar lease, including a 3-year due diligence period before commitment. Details available upon request. With utilities available, this farm offers excellent building sites along w/ strong hunting & income potential. An existing open front shed is currently utilized for equipment storage w/ renovation opportunities. Whether you're looking for a premier hunting property, an income-producing farm, or a great location to build, this tract is priced to sell.
Location
State IA
County Appanoose
Zoning Agriculture
Direction From the intersection of Highway 5 & 2 in Centerville, take Highway 5 North for approximately 3 miles. the property will be on the East side of the road between 493rd Street and 482nd Street.
Interior
Fireplace No
Exterior
View Y/N true
Building
Architectural Style Other
Others
Acceptable Financing NOC6324822
Listing Terms NOC6324822
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