For Sale
$1,600,000

32nd St Trl Vinton, IA 52345

115 Acres, High-Yield Iowa Farm

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 115.58-acre farm in Benton County, Iowa, presents a compelling investment opportunity. Located near Urbana, IA, with convenient access to Interstate 380, this property boasts 114.94 FSA cropland acres, approximately 109.04 of which are currently farmed. The soil composition includes the highly productive Clyde-Floyd complex, Kenyon loam, and Readlyn silt loam, resulting in an excellent CSR2 rating of 84.3. Improved drainage is provided by existing tile, enhancing productivity. Previously used pastureland has been converted to cropland, maximizing farming potential. The property's strategic location near developing commercial and industrial areas west of the property suggests future value appreciation. Currently leased to a strong local operator, the lease includes an option to extend through the 2025 crop season. The property is zoned for agriculture and offers easy access to Interstate 380 via 32nd Avenue and 150th Avenue. Urbana is less than 1.5 miles away, and Cedar Rapids, with its extensive grain marketing options (Cargill, ADM, cooperatives, and ethanol plants), is a short 30-minute drive. The property's parcel number is 83027930, and the annual net taxes are $5,294.00. Possession is at closing, subject to tenant rights. Financing options include cash, conventional loans, and 1031 exchanges. The property is served by the Center Point/Urbana School District.

Highlights

  • MLS Number: 696854
  • Parcel Number: 83027930
  • Center Point/Urbana School District
  • Located northeast of Urbana, IA, near I-380
  • Annual net taxes: $5,294
  • CSR2: 84.3

Property Details for 32nd St Trl

Property type
Land, Farms
Lot Size (sq. ft)
5,034,665 SF

Location Insight

City
Vinton
County
Benton
State
Iowa
Latitude
42.2451332
Longitude
-91.9050391

FAQs

What type of property is this?
Land - 115 Acres, High-Yield Iowa Farm
Where is the land located?
The property is located at 32nd St Trl Vinton, IA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: MLS Number: 696854; Parcel Number: 83027930; Center Point/Urbana School District
How can I contact the broker?
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32nd St Trl
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