Listed by Geswein Farm & Land Realty
$1,410,000
134.1 +/- Acre Irrigated Farm with Proven Soil Performance
Details
APN 66-08-36-400-019.000-006
Property Type Land
Sub Type Farm
Acreage 134.100
Land | 134.1 acres
Marketing description
This great farm should be of interest to anyone looking to invest in land. There are 121.48 acres currently being farmed according to the FSA. The predominate soil types are Goodell-Gilford Fine Sandy Loam, Metea-Moon loamy sands, and Moon-Selfridge complex with a Surety Weighted Average Productivity Index (WAPI) rating of 129.2. Additionally the farm is irrigated. The farm will come a three (3) year leaseback at the rate of $300/year offering a stable return. There is excellent paved road frontage off 350 South and 700 East.
Investment highlights
- Total acreage: 121.48 acres (FSA farmed)
- Irrigated cropland
- Predominant soil types:
- Goodell–Gilford Fine Sandy Loam
- Metea–Moon Loamy Sands
- Moon–Selfridge Complex
- Surety Weighted Average Productivity Index (WAPI): 129.2
- Excellent paved road frontage
- Access from 350 South and 700 East
- Gently rolling, workable terrain suitable for row-crop farming
- High productivity soils with above-average WAPI rating
- Consistent yield potential supported by irrigation
- Stable income stream with a 3-year leaseback at $300/acre/year
- Low transition risk due to continued farming by current operator
- Strong long-term land appreciation potential
- Operational efficiency from easy access and road frontage
- Attractive to owner-operators, expanding farms, and land investors
- South East of Winamac
Listing Contacts
Listed by Geswein Farm & Land Realty
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Zoning
A-1 AgricultureGeneral Agriculture District
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