Buchanan County, IA
235.00 Acres M/L

Highway C57 & Keokuk Avenue
Hazleton, IA 50641
Listing #17581


$3,050,000

Property Info

Description

High-Quality Buchanan County, Iowa Farmland Available! Offering 235 acres m/l of productive land consisting of approximately 222.97 tillable acres carrying a CSR2 of 83. The four main soil types include Oran, Bassett, and Kenyon Loams, and Clyde-Floyd Complex. There are currently 208.27 acres m/l being farmed with 24.43 acres m/l being pastured. There is future value-added potential with the farm being located along the well-traveled Highway C57 along with being situated just north of a large electrical substation and near a MidAmerican transmission line. 

Additionally, there would likely be the opportunity to expand the amount of land that is tillable for increased annual income. The farm is leased for the 2024 row crop season. The property is an ideal investment farm with the current tenant willing to sign a multi-year lease. The leaseback is preferred by the Sellers. This land is located just east of Hazleton along Highway C57 and Keokuk Avenue in Sections 11 & 12 of Hazleton Township, Buchanan County, Iowa.

Legal Description

Approximate Legal: NE1/4 SW1/4, SE1/4 NW1/4, and S1/2 NE 1/4 in Section 11 AND SW1/4 NW1/4 and S1/2 NW1/4 NW1/2 in Section 12, all in Township 90 North, Range 9 West of the 5th P.M., Buchanan County, Iowa. 

Subject to survey. Exact legal description to be taken from abstract.

Directions

From Downtown Hazleton: Travel east on Highway C57/Hayes Street for 1.25 miles to Keokuk Avenue. The property is located at the northeast corner of the intersection.
  • Sign On Property: Yes
  • MLS Number: 694744
  • Parcel Number: 02.11.300.002, 02.11.100.007, 02.11.200.003, 02.11.200.006, 02.12.100.002, 02.12.100.003 and part of 02.11.200.005
  • School District: Oelwein
  • General Area: East of Hazleton, Iowa
  • Net Taxes: $8,814.00
  • CSR2: 83.00
  • Possession: At Closing, subject to Tenant's Rights
  • Terms: Cash, Conventional

Interactive Map

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Photos

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