Acres: 237+/- Location: Wayne County, IA Price: $1,457,550 or $6,150 Per Acre
Description
Located in Wayne County, Iowa, this exceptional 237± acre farm presents a rare opportunity to own a highly versatile property offering dependable income, productive farmland and the scenic beauty southern Iowa is known for. Whether you're looking to expand an existing farming operation, secure a reliable land investment or own a diverse recreational property, this farm offers a strong combination of income, agricultural value and long-term potential.
The property comprises primarily Conservation Reserve Program (CRP) acres, complemented by mature timbered draws, two ponds and a network of creeks that create excellent wildlife habitat. Approximately 195.42± acres are enrolled in the Conservation Reserve Program (CRP) through September 30, 2030, generating $25,649 in annual income at a rate of $131.25 per acre. The current CRP contract is administered through the Iowa Department of Natural Resources (DNR) and includes public hunting access as part of the agreement. At the seller's discretion, the DNR-managed public hunting rights may be purchased back prior to closing, which would eliminate public hunting access while allowing the existing CRP contract and annual income to remain in place.
The diverse landscape is made up of timbered draws, ponds and a creek system that create natural travel corridors, cover and year-round water sources for wildlife. Accessibility is another major strength of the property with road frontage along Highway 65, Kirkwood Road and 50th Street it provides convenient access from multiple directions, making farming operations, recreation and future improvements easy to accommodate. Utilities, including rural water and electricity, are available at the existing building site on the north side of the farm, where two grain bins and an outbuilding are already in place. Additionally, another building site along Highway 65 offers an excellent location for a future home, cabin or rural retreat.
Whether you're seeking an income-producing investment, a recreational getaway or a premier southern Iowa land holding, this property deserves a closer look.
For more information or to schedule your private showing, contact Adrian Wolfe with Farm & Rec Real Estate at (641) 414-2256.
Features
- 237± total deeded acres
- Located in Clay Township, Section 34
- 195.42± acres enrolled in CRP through September 30, 2030
- Annual CRP income of $25,649
- Current CRP contract includes DNR-managed public hunting access
- At the seller's discretion, DNR public hunting rights may be purchased back prior to closing
- Average CSR2 rating of 45.2
- Mature timbered draws
- Two ponds
- A network of creeks providing year-round water sources
- A 90’ x 60’ metal building with electric, partially concreted
- Two 20’ x 24’ steel grain bins with approximately 7,800± bushel capacity
- Rural water and electricity available
- Multiple attractive building site opportunities, including along Highway 65
- Access from Highway 65, Kirkwood Road and 50th Street
- Neighboring 154± acre farm also available for purchase
- Strong combination of income production, recreation and long-term investment potential
- Annual property taxes : $4,074
- Shown by appointment only to pre-qualified buyers
Interactive Map
Legal Description
Clay Township, Section 34. Exact legal to be taken from abstracts.
Parcel #(s) 050Q34100003, 050Q34100004, 050Q34200003, 050Q34300001, 050Q34300002, 050Q34200004