505 Th Ave Albia, IA 52531

Price
Not For Sale
Last Update
Apr 26th, 2024
Type
Off Market
Status
Off Market
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Off Market

Snapshot

Property Type
Farm
Lot Size
80.00 acres
Property Sqft
MLS Number
6312883
Year Built
Days On Market

Description

This Iowa Combination Farm offers a dynamic package of highly tillable cropland, CRP native grasses and forbs and timbered draws across 80 acres. This area of NW Monroe County, Iowa, near the borders of Marion and Lucas Counties offers incredible recreational and hunting benefits and this property directly borders a large section of Stephens State Forest known for producing world class hunting opportunities. The secluded location & diverse habitat makes this a great opportunity tucked inside of a large section of contiguous acres & with Cedar Creek cutting through a portion of the farm, offering a major travel corridor for the heavy population of small game, whitetail deer & turkey. With secluded access from the north & easement access from the west, this property sets up great to take advantage of multiple wind directions & offers solid hunting set-ups regardless of the season on this private tract or on the adjoining Stephens State Forest. Along with the recreational benefits there is solid income opportunity from 29 crop acres boasting a solid 54.9 CSR2 with prospective rent in the $200/acre range & 9.31 CRP acres with an annual payment of $1,629 on one contract expiring in 2031. Iowa recreational tracts of this size boasting solid income & top end recreational benefits are in high demand & this property is a truly diverse & quality offering. *Property is accessed from 505th Avenue & additionally, an easement from 500th Avenue to access the row crop acres.*

More Details

Provider
Hawkeye Farm Mgmt & Real Estat
MLS ID
SEIARMLS
MLS Name
Southeast Iowa Regional MLS
MLS Number
6312883
Source
listhub
PARTICIPANT
Name
Travis Hamilton
Primary Phone
(641) 891-4217
Key
3YD-SEIARMLS-5319
Email
travish@uciowa.com
BROKER
Name
Hawkeye Farm Mgmt & Real Estat
Phone
(641) 932-7796
OFFICE
Name
Hawkeye Farm Mgmt & Real Estat
Phone
(641) 932-7796
Copyright © 2024 Southeast Iowa Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$492,000 $∞Hawkeye Farm Mgmt & Real Estat
Listed For Sale$492,000 $∞Hawkeye Farm Mgmt & Real Estat
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Nearby Schools

Elementary School

Lincoln Center

0.1 miles away03 - 06

High School

Albia High School

0.2 miles away09 - 12

Middle School

Albia Middle School

0.3 miles away07 - 08
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