270th AVE, Palmer, IA 50571
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270th AVE, Palmer, IA 50571
270th AVE, Palmer, IA 50571
270th AVE, Palmer, IA 50571
270th AVE, Palmer, IA 50571

$6,800,000

Est. payment /mo

$7,134,750

4.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

270th AVE Palmer, IA 50571

475.65 Acres Lot

SOLD DATE : 03/06/2024

Key Details

Sold Price $6,800,000

Property Type Vacant Land

Sub Type Agricultural

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 63895

Annual Tax Amount $13,298

Lot Size 475.650 Acres

Property Sub-Type Agricultural

Property Description

This property has great CSR and a great location. The property is composed of one tract of land totaling 475.65 acres, more or less, in Sec 36-91N-32W.

Highlights:

Great CSR
Income Producing
Great Location
Location of Land: Located 2.1 miles Northeast from Palmer, Iowa.

Directions to the farm: From Palmer, Iowa head North .9 miles on 260th Ave. Turn right (East) on 580th St. and drive 1.2 miles, the farmland will be on the left side (North side) of the road.

Legal Description: Sec 36-91N-32W (County Parcel IDs: 1136100005, 1136100003, 1136300001, 1136300003,1136300004, 1136300002, 1136100004, 1136100007, 1136200003, 1136400001, 1136400003, & 1136400004)

Taxable Acres: 463.77

Taxes: $13,298 Estimated

Tillable Acres: 461.50 (Surety Maps)

CSR2: 85.4 (Tillable)

Zoning: A-1 Ag

Outbuildings:
Crib 27' x 60'
Grain Bin 30' x 19'
Grain Bin 30' x 21'

Farm Tenancy: The farm is currently rented for the 2024 crop season. Rent payment credit will be prorated to the date of closing.

Farm Yield Records:
2023 - 229.24 bu
2022 - 172.89 bu
2021 - 218.18 bu / 60.77 bu

FSA Information (156 Farm Record):

FSA Number: # 899

FSA Tract Number: # 2241

FSA Farmland Acres: 465.42+/-

FSA Cropland Acres: 461.50+/-

HEL & WETLANDS: NHEL


Total Base Acres: 461.50

Corn Base: 232.50 PLC Yield: 168
Beans Base: 229 PLC Yield: 48

Location

State IA

County Pocahontas

Zoning AG Land

Schools

School District Pocahontas

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Listed by Whitaker Marketing Group

NEARBY SCHOOLS & BUSINESSES

Traci Jennings

Traci Jennings

Broker/Owner License ID: B58326000

+1(515) 291-8720

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