Don't miss this rare opportunity to acquire 291.09+/- contiguous acres of prime Grundy County farmland, with an exceptional location being just 1.5 miles from Parkersburg, IA. The farm will be sold via Online Live Auction with bidding open now and shall conclude with the Simulcast Broadcast beginning November 20th, 2024 at 11:00am. The farm will be offered in two tracts and sold using the "Buyer's Choice with the Privilege Method" allowing you to select one or both tracts.
The entirety of the farm is comprised of 291.09+/- acres with 280.59+/- of these acres being FSA Certified Cropland. These FSA Certified Cropland acres carry an outstanding 89.6 CSR2 rating and boast the sought-after soils of Kenyon Loam, Clyde Silty Clay Loam, and Readlyn Silt Loam. Both tracts are open to farm for the 2025 growing season with current leases set to expire 2-28-2025. This is a very rare chance to buy nearly a half section of prestigious Grundy County farmland with wide-open fields which set up well, even for the largest of today's modern equipment. Couple this with high-quality soils and a premier location that allows for easy access to numerous grain markets; this auction has all of the signs indicating that this is truly a "once in a lifetime opportunity".
Tract 1: 139.7+/- Acres (134+/- FSA Cropland Acres)
Tract 1 is composed of 139.7+/- acres with approximately 134+/- acres being FSA Cropland. The outstanding potential of Tract 1 cannot be overlooked. Currently, 85.93+/- acres are being farmed with another 48.74+/- acres currently being used as pasture land. The consistently producing soils found on this tract provide an incredible opportunity to expand the currently farmed acres. This is evidenced by the acres currently being cropped on this tract carrying an 89.4 CSR2, compare this to a higher combined soil rating of the currently farmed acres and currently pastured acres of 89.5 CSR2. Not to be overlooked, Tract 1 features a hard-to-find rural building site for potential future development, or an opportunity to expand crop acres even further.
Tract 2: 151.39+/- Acres (146.59+/- FSA Cropland Acres)
Tract 2 comprises of 151.39+/- acres with approximately 145.54+/- of these acres being FSA Certified Cropland. Currently, 132.64+/- acres of these Cropland acres are being farmed and carry an outstanding 89.8 CSR2. Additionally, the remaining 12.9 Cropland acres are currently enrolled in the Conservation Reserve Program generating additional income of $3,872 per year (a rate of $300/acre).
This is a unique chance to invest in high-quality farmland with excellent soil ratings and income potential. Whether you're looking to expand your farming operation or invest in a promising agricultural property, this auction is not to be missed!
*Wetland Determination is available upon request
For more information and to register as a bidder, visit our website at highpointlandcompany.com and click "Bid Now" or call Iowa Land Specialist Tanner Knowlton at 641-330-7727 or Noah Hopp at 319-240-9257 .
Property Address: 10265 O Ave, Parkersburg, IA 50665
Property Features:
Driving Directions: From Parkersburg, IA head south on Highway 14 for 1/2 mile. Turn East onto Westbrook St. and travel 1 mile. Head South on O Ave. Property is on the West side of the road; watch for Real Estate signs.
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