Property Info

Description

Offering 118 acres m/l of prime development land nestled on the south side of Altoona, Iowa. Property is located in an active development area and is currently in the short term annexation plan for the City of Altoona. Property is serviceable from a sanitary sewer main and a 12 inch water main located along the north side of NE 27th Avenue - see Attachments for approximate maps. Sewer connection fee is approximately 3,900/acre. With new construction residential tax abatement program through the City of Altoona, there is an opportunity to capitalize on 100% abatement on the first $75,000 of value for a period of five years. Farm consists of approximately 113.78 tillable acres carrying an 88 CSR2. Primary tillable soils include Clarion, Webster, and Nicollet loam. Property is located on the south side of Altoona, adjacent to city limits, in Section 25 & 36 of Clay Township.

Legal Description

Lot 4 and Outlot "X" including the South 5 feet of lot 16 and the North 5 feet of lot 17, all in Meadowlark Place AND The North 1/2 of the NE 1/4 lying NW of Road in Section 36, Township 79 North, Range 23 West AND the SE 1/4 of the NW 1/4; and the NE 1/4 of the SW 1/4 EXCEPT the South 350 feet of the West 435.5 Feet all in section 25, Township 79 North, Range 23 West of the P.M., Polk County, Iowa. 
* Exact Legal Description to be taken from Abstract. 

Details

Farm #4887
FSA Farmland: 1.16 Acres
FSA Cropland: 1.16 Acres
Corn Base: .70 Base Acres with a PLC Yield of 113
Soybean Base: .10 Base Acres with a PLC Yield of 26

Farm #4888
FSA Farmland: 45.83 Acres
FSA Cropland: 41.29 Acres
Corn Base: 41.27 Acres with a PLC Yield of 158

Farm #7706
FSA Farmland: 71.69 Acres
FSA Cropland: 65.28 Acres
Corn Base: 28.80 Acres with a PLC Yield of 156
Soybean Base: 27.40 Acres with a PLC Yield of 50

Directions

From intersection of Highway 65 and University Avenue in Pleasant Hill: Travel east on University Avenue/Highway 163 approximately 1.5 miles to NE 70th Street/County Road S14. Turn north onto NE 70th Street and continue approximately 1 mile (road will become Clay Drive, then NE 72nd Street) and property will be situated on the west side of the road. Look for sign.  

• Sign On Property: Yes
• School District: SE Polk Community School District
• General Area: Just south of Altoona, Iowa
• Net Taxes: $3,288.00
• CSR2: 88.00
• Possession: At Closing, Subject to Tenant's Rights
• Terms: Conventional, Cash

Additional Info

To Show: Contact agents prior to entering property. 

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Photos