32nd Avenue

FARMFarmIAUrbana52345Urbana, IA, 52345

Urbana, IA, 52345

Urbana, IA, 52345
    $1,600,000
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    Basics

    • Date added: Added 3 months ago
    • Category:
    • Type:
    • Status:
    • Lot size: 5034664.8 sq ft
    • County: Benton
    • Zoning: Agriculture
    • Acres: 115.58 acres
    • MLS ID: 6318110

    Description

    • Description:

      High-Quality Benton County, Iowa Farmland Available! This farm offers 115.58 acres m/l of quality farmland consisting of 114.94 FSA cropland acres, of which approximately 109.04 acres are currently farmed. Soil types on the farm include the highly productive Clyde-Floyd complex, Kenyon loam, and Readlyn silt loam, carrying an excellent CSR2 of 84.3. Tile has been added to the farm to improve drainage, but tile sizes and locations are unknown. Previous pasture acres in the northeast corner have been converted to cropland by the seller to increase farmability and production. The farm is located conveniently near Interstate 380 with developing commercial and industrial buildings to the west of the property, offering potential upside in the future. This farm would make a great add-on to an existing farm operation or a long-term investment to hold as industries develop near Urbana. The farm is currently leased with a strong local operator and contains an option to extend for the 2025 crop season at an attractive lease rate if the new buyer elects to assume the lease. Contact the Listing Agent for details. This farm has easy access to Interstate 380 via 32nd Avenue to the east or 150th Avenue to the west. Urbana, Iowa is less than 1.5 miles south of the farm and Cedar Rapids is just a 30-minute drive. Cedar Rapids has excellent grain marketing options like Cargill, ADM, numerous cooperatives, and several ethanol plants. Visit our website for more information.

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    Location

    • Directions: Heading north on Interstate 380: Take exit 41 for Sunset Street toward Urbana. Turn right/east onto 54th Street Trail then immediately turn left onto 32nd Avenue. In 1.3 miles, the farm will be to the west/left.

    Amenities & Features

    • Style: Other

    Miscellaneous

    • Association: RLIT
    • Contingency: None

    Fees & Taxes

    • Gross Taxes: $5,294
    • Tax Year: 2023
    • Net Taxes: $5,294

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    This style property is located in Urbana is currently and has been listed on 1st Rate Real Estate. This property is listed at $1,600,000. It has bedrooms, bathrooms, and is . The property was built in year.

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