Bought with Smock Travis Peoples Company
$1,200,000
$1,250,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
103 Acres Lot
SOLD DATE : 06/26/2026
Key Details
Sold Price $1,200,000
Property Type Vacant Land
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NOC6336731
Sold Date 06/26/26
Style Other
Annual Tax Amount $3,485
Tax Year 2026
Lot Size 103.000 Acres
Acres 103.0
Property Sub-Type Farm
Property Description
Presenting 103 acres m/l of quality Buchanan County farmland for sale, offering an excellent investment opportunity with a secure sale-leaseback structure and a reliable long-term tenant already in place. This highly productive tract includes 99.61 tillable acres with an average CSR2 rating of 74.6. The farm has a strong history of high yields and consistent fertility, enhanced by annual manure applications. Full details of the crop lease are available upon request. For buyers seeking additional scale, 57 acres m/l located just 1/2 mile north can also be purchased. This property offers excellent access with road frontage along 250th Street and Gabriel Avenue. Located just southwest of Independence, Iowa, the farm sits in Section 14 of Westburg Township, a desirable agricultural area known for its productive land base. This is a rare chance to acquire high-quality Iowa farmland with strong soils, proven productivity, and a stable tenant, and is ideal for investors of all types and 1031 exchange buyers.
Location
State IA
County Buchanan
Zoning Agriculture
Direction Visit our website for directions.
Interior
Fireplace No
Exterior
View Y/N true
Building
Architectural Style Other
Others
Acceptable Financing NOC6336731
Listing Terms NOC6336731
Financing Conventional
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