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MLS Name County Acres Tillable
Acres
Listing
Price
Price
Per Acre
CSR Est. Net
Return
Clarke Co 158.5 Clarke 158.5 111.7 $269,450 $1,700 41
Virtual Photos Comments
This farm offers a good mix of crops, CRP, timber, and wooded ditches. The farm is abundant with wildlife and offers some excellent recreational opportunities while producing income. The farm is bordered by Hwy 69 to the east & 225 Avenue (gravel) to the west. This farm falls in the Clarke Community School District. There are no buildings. Electric and rural water are available to this farm.



MLS Name County Acres Tillable
Acres
Listing
Price
Price
Per Acre
CSR Est. Net
Return
Dallas Co 120 Acres - Lincoln Township Dallas 120 117 $750,000 $6,250 84.2
Virtual Photos Comments
Good Quality farm in NW Dallas County. Currently under 50/50 lease that has been cancelled for 2010. This is a split from a larger farm so taxable acres, tillable acres, FSA info and real estate taxes are our best estimates at this time.

Legal: E 1/2 E 1/2 SW 1/4 Sec 26; and E 1/2 NW1/4 of Sec 35- all in T80N-R29W, Dallas Co.

Directions: 8 miles west of the Junction of Hwy 44 and Hwy 169, then north one mile on F Avenue then west 1/2 mile on 230th.


MLS Name County Acres Tillable
Acres
Listing
Price
Price
Per Acre
CSR Est. Net
Return
Hancock Co. 79 Acres - Avery Township Hancock 79 55.5 $375,250 $4,750 75
Virtual Photos Comments
79 total acres
78.21 taxable acres
55.5 tilled acres
23.2 acres CRP
75 CSR (per Surety® Mapping)
Corn base/yields = 38.7/125
Soybean base/yields = 10.5/37
RE taxes = $1,306
This is a great opportunity to purchase a quality farm located in southeast Hancock County in Section 24 of Avery Township. R70 (gravel) borders the farm to the west. The farm is level to gently rolling and consists of good tillable land and CRP. There are 55.5 tillable acres in one field as well as 23.2 acres currently enrolled in the CRP at $166 per acre or $3,851 annually, expiring 9/30/2012. The land has been custom farmed with full possession available to the buyer once crops have been harvested.


MLS Name County Acres Tillable
Acres
Listing
Price
Price
Per Acre
CSR Est. Net
Return
Nebraska - 200 Acres - Holt Co.,- Willowdale Twn. Nebraska - Holt Co. 200 195.5 $520,000 $2,600
Virtual Photos Comments
200 total acres
195.5 cropland acres
Corn base = 95.3 acres
Direct and CC Yields = 123/141 bu/acre
Soybean base = 99.2 acres
Direct and CC Yields = 41/49 bu/acre
Center pivot irrigation systems/powered by electricity from well site
Three center pivot irrigation systems
Irrigation well drilled in May, 1983 @ 1,000 gallons/minute.
There is a sand trail running along the west side of Section 29, and a gravel road along the north end. The 40 acres located in Section 32 has no roads adjoining it with the exception of the sand trail that just touches the NW corner of tract. There are 3 center pivot irrigation systems irrigating this property. They are powered by electricity, which originates at the well site w/Lima Mack 20kw generator. Generator runs off of a 6 cylinder Isuzu power unit. One irrigation well irrigates the entire tract w/underground pipe running the irrigation well to all 3 of the pivot systems. The well irrigates approx. 182 acres w/an 8” column from a pumping depth of 30’. The well was drilled to 225’ and the registration # is G-068872.
The 3 irrigation systems operate in a windshield wiper arc and are set up as follows: (1) An 8 tower Reinke irrigation system located along the west line of the property in Sec 29; (2) A second irrigation system is a 10 tower Valley, which is located along the east line of the property in Sec 29; and (3) third center pivot is located along west line towards the south end of the property in Sec 29, which consists of a seven tower Valley irrigation system. At the location of the irrigation well, a right angle Randolph gear drive with an 11:10 ratio operates the well. A 1,000 gallon fuel tank along with a fertilizer tank are set up at the well location. Real estate and personal property taxes are $4,557/year.


MLS Name County Acres Tillable
Acres
Listing
Price
Price
Per Acre
CSR Est. Net
Return
Ringgold Co - 40 acres - Clinton Township Ringgold 40 0 $120,000 $0 0 0
Virtual Photos Comments
Not many set up like this one with timber, stocked ponds and building site. Great deer and turkey hunting as well as trophy bass like the 5+ lb plus one caught on June 10, 2009 and released as shown on the second page. Located 4 miles NW of Redding and 15 miles SW of Mount Ayr. The recreational property to the east doesn’t allow hunting so a natural preserve close by. Well patrolled area so trespassers are not a problem. Open land could be hayed or maybe cropped. Currently it is open prairie. Trails mowed throughout the land and around the larger ponds
Located in Section 5-67-31
40 total acres, m/l
15 timbered acres plus open prairie
Excellent recreational tract with three stocked ponds or building parcel
RE Tax $352/year
Located 4 miles NW of Redding at the SW corner of 280th Street and 120th Avenue


MLS Name County Acres Tillable
Acres
Listing
Price
Price
Per Acre
CSR Est. Net
Return
Story Co 136 - Union Township Story 136 136 $673,000 $4,948 77
Virtual Photos Comments
These are good quality tracts south of Ames and north of Des Moines. The lease is open for 2010 with a strong possibility of a good investment return.

East side Sec 8 – combined base 42.5
Corn Base—23.9/118 bu yield
Soybean Base—18.6/31 bu yield

West side Sec 8 - combined base 95
Corn Base—54.2/118 bu yield
Soybean Base—40.8/31 bu yield

RE Tax $2,912

Directions: West side—1 1/2 mile east of I35 and Hwy 30 (Ames, IA) 6 miles south of R70, SW corner of R70 and 290th St. East side—SE corner of R70 and 290th St.


MLS Name County Acres Tillable
Acres
Listing
Price
Price
Per Acre
CSR Est. Net
Return
Story Co 69 acres - Union Township Story 69 60 $345,000 $5,000 85
Virtual Photos Comments
This is a high quality, tillable tract south of Ames/Cambrige on the north side of Hwy 210. The lease is open for 2010 with a strong possibility of a good investment return.

Located in Section 27-82-23
69 total acres, m/l
68.62 net acres

12.2 acres/CRP @ $196.63/acre
exp 09/30/11, annual paym $2,350

44.1 total base acres
30.6 corn base/yield of 116
13.5 bean basae/yield of 13.5

RE Tax $1,400/year

Directions: Approximately 5/8 miles south of Cambridge and 1/2 mile north of Hwy 210. Located in the NW 1/4 of Section 27-82-23



MLS Name County Acres Tillable
Acres
Listing
Price
Price
Per Acre
CSR Est. Net
Return
Story Co 80 Acres Story 80 76 $472,000 $5,900 76.4
Virtual Photos Comments
This is an excellent opportunity to purchase a quality central Iowa farm with the lease open to either rent or operate for 2010. This farm is a mix of level to gently rolling to rolling farmland.
Directions: 1 1/2 mile east of I35 and Hwy 30 (Ames, IA) 6 miles south on 580th Ave. (R70), turn east on 280th St. and go 3/4 mile. Farm is on the north side. Real estate taxes = $1,452/year


MLS Name County Acres Tillable
Acres
Listing
Price
Price
Per Acre
CSR Est. Net
Return
Story Co., IA - 41 acres - Nevada Township Story 41 0 $220,000 $0
Virtual Photos Comments
Located in Section 33-83-22. Excellent recreational or building parcel. Private Lane. Rural water brought back to main parcel.
RE Tax $276/year.

The perfect combination of timber and open area located SE of Nevada. This land had 9.5 acres of open pasture with 29.5 acres of timber making the ideal backdrop for great recreational or building or small farm parcel. Located ¼ mile off the road with a private owned 33’ lane leading back to this parcel. Great site for a large pond in the timber. Mature oak and hickory timber.

Located in Section 33 of Nevada Township ½ mile W of S27 on the south side of the road then ¼ mile back in the section. I have never had a better parcel of this type in central Iowa


MLS Name County Acres Tillable
Acres
Listing
Price
Price
Per Acre
CSR Est. Net
Return
Story Co 72 Story 72 71.4 $396,000 $5,500 81.9
Virtual Photos Comments
Excellent opportunity to purchase a highly tillable, productive farm in the heart of an area with solid land values. This farm consists of approx. 72 acres with approx. 71.4 tillable. The topography is gently rolling. The farm appears to drain well and have been well maintained. The FSA corn base is 36.2 acres with direct yields of 126 bu./ac. and counter cyclical yields of 144 bu./ac. The soybean base is 35.2 acres with FSA direct yields of 34 bu./ac. and counter cyclical yields of 41 bu./ac. The farm is split by a bike trail that runs through the center of the property. Lease open for 2010. Real estate taxes = $1,312/year. Roland-Story school district. This land would be attractive to many qualified tenants with a competitive rent and offers a solid investment return.


MLS Name County Acres Tillable
Acres
Listing
Price
Price
Per Acre
CSR Est. Net
Return
Warren Co 100 Warren 100 47.1 $270,000 $2,700 53
Virtual Photos Comments
* South central Warren Co., White Oak Twp. Section 32
* 100 approximate total acres
* 99 gross assessed acres & 98.5 net assessed acres
* 47.1 FSA cropland acres; 53 approx. acres of timbered draws
* 53 CSR per Surety® Mapping
* RE taxes = $1,212
* I-35 school district

This tract is located approx. 8 miles southwest of Indianola, east of 80th Avenue on the north side of Quebec St. The farm is rolling in nature with some terraces. It is made up of 11.9 corn base acres with a direct tract yield of 93 and counter cyclical yield of 124, and a soybean base of 33.1 with direct and counter cyclical yields of 30 and 36 respectively. This farm offers a proven crop insurance yield over the past 10 years of 150 bushel/acre on corn and 49 bushel/acre on soybeans.

The previous tenant was farming approximately 50 acres, and the lease has been cancelled. Therefore it is open for farming in 2009. The road has been approved for upgrade from Level B to Level A at a cost of approximately $47,000 of which the county will pay 50%. The farm is eligible for a 6 parcel split according to Bob Folkstad, Warren County P & Z administrator, once the road is upgraded to Level A.







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Gannon Real Estate Services, Inc.
2811 N. Dayton Ave.
Ames, IA 50010
Office & Mobile Phone: 515-291-5942
Office Phone: 515-233-6999
Fax: 515-233-6963
E-mail: mark@gannonre.com