251 SE 96th Street, Runnells, IA 50237

$1,573,250

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List Price
$1,573,250
Status
ACTIVE
Days on Market
121
Price Change
▼ $101,500 1783462203
MLS#
740162
Subtype
Land
Lot Size
4,421,340
Acres
101.50
MLS Area Major
Des Moines S.East

Property Description

Presenting a premier 101.5-acre land investment situated in Polk County, Iowa. Located just 3.5 miles southeast of Southeast Polk High School, less than a half-mile off of a hard-surface road. This highly versatile property offers an exceptional blend of agricultural income potential and long-term upside. With its great proximity to the Des Moines metro area, this parcel serves as an ideal transitional land investment in the path of future development. The tract boasts a strong weighted average CSR2 of 77.71. The highly productive soils are predominantly composed of Colo silty clay loam, Tama silty clay loam, and Judson silty clay loam. Appx 40ac currently row cropped with a CSR2 of 80+ at a rate of $200/yr (Appx $8000 annually). There are approximately 43.6 acres enrolled in CRP across three active contracts. Approximately 42.8 of these CRP acres pay $12,196 annually, expiring fall of 2026. This presents the new owner with a timely opportunity to bring these highly productive acres back into active row crop production for the 2027 crop year to maximize the farm's yield potential. The remaining 0.81 acres enrolled in CRP pay $210 per year through 2029. Whether you are looking to expand an existing farming operation or secure a transitional land asset near the expanding Des Moines metro, this farm is an outstanding acquisition.

Additional Information

Taxes
$3,900
Zoning
Ag
School District
Southeast Polk

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Calculator source: Real Geeks

Listing courtesy of Sean Asada with RE/MAX Real Estate Center

Data courtesy of the Des Moines Area Association of REALTORS