20
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$287,000
Est. payment /mo
41.04 Acres Lot
New
County Road J55 Other, IA 50860
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 748265
HOA Y/N No
Annual Tax Amount $766
Lot Size 41.040 Acres
Acres 41.04
Property Description
Located just 1.5 miles east of Redding, Iowa, this 41.04 +/- acre Ringgold County farm offers an attractive opportunity for investors, farmers, and buyers seeking a manageable-sized property with a strong percentage of productive tillable land, a proven income history, and the potential for a beautiful rural build site.
The farm includes 34.5 +/- tillable acres, representing approximately 85% of the total acreage, with a 52.4 CSR2 average. The tillable acres have been operated in a corn and soybean rotation and, based on the farm's income history over the past four years, the property has generated a return in excess of 3.5% at the current list price.
With tenancy open for the 2027 crop season and beyond, a new owner will have the flexibility to farm the property themselves or establish a new tenant and lease arrangement moving forward. This creates an excellent opportunity to acquire a high-percentage tillable farm with a demonstrated history of income production while maintaining control over its future operation.
The property benefits from excellent access, with a hard-surfaced road along the north boundary and gravel road frontage on the west side. The farm offers an attractive setting for a potential homesite on a hard-surfaced road and scenic views of the surrounding Ringgold County countryside.
Seller holds an active real estate broker license in the state of Iowa
The farm includes 34.5 +/- tillable acres, representing approximately 85% of the total acreage, with a 52.4 CSR2 average. The tillable acres have been operated in a corn and soybean rotation and, based on the farm's income history over the past four years, the property has generated a return in excess of 3.5% at the current list price.
With tenancy open for the 2027 crop season and beyond, a new owner will have the flexibility to farm the property themselves or establish a new tenant and lease arrangement moving forward. This creates an excellent opportunity to acquire a high-percentage tillable farm with a demonstrated history of income production while maintaining control over its future operation.
The property benefits from excellent access, with a hard-surfaced road along the north boundary and gravel road frontage on the west side. The farm offers an attractive setting for a potential homesite on a hard-surfaced road and scenic views of the surrounding Ringgold County countryside.
Seller holds an active real estate broker license in the state of Iowa
Location
State IA
County Ringgold
Area Redding
Zoning Ag
Interior
Fireplace No
Exterior
Private Pool No
Others
Tax ID 006832
Monthly Total Fees $63
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Midwest Land Group LLC
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