302 Net Taxable Acres; 281 /- tillable acres with a 71.9 Corn Suitability Rating. Seller may consider financing option, and seller would be interested in continuing to farm this property. Seller would pay to buyer $125,000 per year cash rent for a three year rental agreement. Marshall County, Iowa, is consistently one of the top two county in average corn production.Taxes are $7,078 annually, allowing for a 4.3% cap rate. This property appraised for $3,000,000 this past summer. THE HOG BUILDING SHOWN IN THE PHOTOS IS NOT PART OF THE SALE. IT SITS ON ABOUT 3 ACRES AND IS OWNED BY ANOTHER PARTY. BUT IT BENEFITS THE PROPERTY WITH ABOUT 145 ACRES OF MANURE ANNUALLY. COST OF MANURE IS APPLICATION ONLY.This farm is priced at $136 per CSR point (71.9 CSR average x 281 tillable acres).APH is almost 200 bushels per acre.There are some storage buildings that add nothing to the value of the farm, but remain functional. Access is good from gravel roads on the north and south. Ready markets for crops are within a few miles. Possibility exists to buy nearby properties.
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