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33221796
33221808

Hwy 44, Kimballton, IA 51543

LN
IA S61521
Hawkeye Farm Mgmt & Real Estat
Listed by Hawkeye Farm Mgmt & Real Estat
$1,020,000
4 days on market
Updated 2 days ago

Hwy 44

Details
APN 050920320070
Property Type Land
Sub Type Farm
Acreage 120.000
Zoning Agriculture

Land | 120 acres

Marketing description

Located on the Northeast edge of Kimballton, Iowa, this 120 +/- acre farm offers an outstanding combination of income production, future agricultural potential, and recreational appeal in the scenic rolling hills of Western Iowa. This Southwest Audubon County farmland features a mix of level creek bottom ground and gently rolling terrain, creating both visual appeal and practical usability. Currently, 73.58 acres are enrolled in three separate CRP contracts generating a strong annual income of $23,639, with all contracts expiring September 30, 2027. At the asking price, the farm offers an attractive 2.31% return on investment through the existing CRP income. The income-producing acres carry a very strong 67.9 CSR2 average, presenting an excellent opportunity for future conversion back into row crop production and contour farming. In addition to the income and farming potential, the property offers excellent recreational characteristics with a winding creek, timbered draws, and natural wildlife habitat that create quality hunting opportunities. Two-sided highway road frontage also presents the opportunity for ideal future building possibilities. Productive farmland combined with attractive topography and recreational appeal make this a well-rounded investment opportunity in a highly desired farm country of Western Iowa.
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Listing Contacts

LN
IA S61521
Hawkeye Farm Mgmt & Real Estat
Listed by Hawkeye Farm Mgmt & Real Estat

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