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Sold for $2,276,964
  • $2,276,964

    M Ave, Cherokee, IA 51012

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    What's special

    Highly productive tillable landGood fertilityPrime soil conditionsExcellent condition
    Located in northern Cherokee County, this outstanding 89.3 CSR2 220.5+/-acre farm offers 213+/- acres of highly productive, tillable land with good fertility, making it an ideal investment for agricultural enthusiasts. Grid Soil samples from this past fall showed just a few inputs were needed and in was all done promptly. Samples will be shared with qualified buyers. The farm is in excellent condition and features prime soil conditions, ensuring top yields year after year. There is a manure management plan in place further adding value. The current owner will continue the plan at an applied rate of 65% cost of commercial fertilizer unless otherwise agreed upon. With excellent farm-to-market access, this property offers convenience and ease of operation for any farming venture. Just 4.25 miles from the local coop and 10 miles from the ethanol plant. There is 2 points to access the property. The land is currently under a three-year lease, generating just under an impressive $75,000 in annual cash rent, providing a stable income stream for the new owner! Over the last 8 years the farm has averaged 204 bushel/acre corn and 67 bushel/acre soybeans. Whether you’re looking to expand your farming operation or seeking a long-term investment opportunity in one of Iowa’s most fertile regions, this property fits the build.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jordan Petersen (913)674-8010,

    Midwest Land Group

    Bought with:

    Jordan Petersen

    Midwest Land Group

    Source: DMMLS,MLS#: 711853MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Property

    Details
    • Parcel number: 0213200006
    • Zoning: ag

    Community & neighborhood

    Location
    • Region: Cherokee

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/2/2025Sold$2,276,964-31%
    Source: DMMLS #711853 Report a problem
    3/3/2025Pending sale$3,300,000
    Source: DMMLS #711853 Report a problem
    2/13/2025Listed for sale$3,300,000
    Source: DMMLS #711853 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 51012

    Nearby schools

    GreatSchools rating