Falcon Avenue, Audubon, IA 50025

$1,844,678

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List Price
$1,844,678
Status
ACTIVE
Days on Market
45
MLS#
746054
Subtype
Land
Lot Size
5,880,600
Acres
135
MLS Area Major
Audubon

Property Description

Exceptional opportunities to purchase high-quality Iowa farmland are becoming increasingly rare. This 135± acre farm in the heart of Audubon County offers the ideal combination of highly productive tillable ground, dependable annual income, and long-term investment value in one of Iowa's premier agricultural regions. Featuring 129.22± FSA tillable acres with an impressive 73.6 weighted CSR2, this outstanding farm is comprised primarily of productive Marshall silty clay loam, Exira silty clay loam, and Judson-Colo-Ackmore complex soils. The gently rolling landscape provides both exceptional productivity and picturesque views across vibrant emerald fields of soybeans. The farm is currently cash rented at $300 per tillable acre, generating $38,766 in dependable annual rental income. In addition, there are two wind turbine leases providing approximately $20,000 annually, bringing the farm's total annual income to approximately $58,766. This diversified income stream creates an outstanding opportunity for investors seeking reliable cash flow while benefiting from the long-term appreciation of premium Iowa farmland. Whether you're an investor looking to diversify your portfolio or an owner-operator seeking to expand your operation with quality, income-producing acres, this property checks every box. Audubon County has long been recognized for its deeply rooted agricultural heritage, strong farming community, and commitment to crop production.

Additional Information

Taxes
$5,578
Zoning
Ag

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Calculator source: Real Geeks

Listing courtesy of Sean Stewart with Midwest Land Group LLC

Data courtesy of the Des Moines Area Association of REALTORS