TRACT 3 160th St, Holland, IA 50642

Location of Auction: Wellsburg Memorial Building, 501 N Adams St, Wellsburg, IA 50680 Date of Auction: Tuesday, March 11th, 2025, 10:00 AM Tract 1: 70 +/- Acres of High-Quality Farmland Location: 6.51 miles northeast of Wellsburg, IA Legal Description: Sec 2-88N-17W | Parcel ID (881702100002) Tract 1 consists of 70 +/- acres of productive farmland, with 69.35 +/- tillable acres and a strong CSR2 rating of 93.2. The high soil quality makes this land well-suited for crop production and a valuable addition to any farming operation or investment portfolio. Investment Details: Open for the 2025 season, allowing immediate farming opportunities for the new owner. Estimated annual taxes: $3,118. FSA Farmland Acres: 141.21 (combined with Tract 2). Corn Base: 84.60 acres (combined with Tract 2) | PLC Yield: 183. Soybean Base: 51.50 acres (combined with Tract 2) | PLC Yield: 49. With its top-tier soil quality and open tenancy, this property offers strong production potential and a solid return on investment. Tract 2: 74 +/- Acres with Cell Tower Income Location: 7.18 miles northeast of Wellsburg, IA Legal Description: Sec 2-88N-17W | Parcel ID (881702200001) Tract 2 features 74 +/- acres of farmland, with 68.06 +/- tillable acres and a CSR2 rating of 89.9. This farm is open for the 2025 season, allowing the buyer to take immediate possession and farm or lease the land. Additional Income Opportunity: This property includes a cell tower lease with New Cingular Wireless PCS, generating $7,200 annually until April 2031. Investment Details: Estimated annual taxes: $3,054. FSA Farmland Acres: 141.21 (combined with Tract 1). Corn Base: 84.60 acres (combined with Tract 1) | PLC Yield: 183. Soybean Base: 51.50 acres (combined with Tract 1) | PLC Yield: 49. This tract combines strong soil quality with additional passive income, making it an attractive option for both investors and farmers. Tract 3: 70 +/- Acres of Premium Farmland Location: 3.85 miles northeast of Wellsburg, IA Legal Description: Sec 5-88N-17W | Parcel ID (881705100001) Tract 3 is a 70 +/- acre farm with 65.23 +/- tillable acres and the highest CSR2 rating of all three tracts at 93.7. This land is open for the 2025 season, providing immediate farming opportunities for the new owner. Investment Details: Estimated annual taxes: $2,576. FSA Farmland Acres: 67.41. Corn Base: 37.20 acres | PLC Yield: 190. Soybean Base: 29.30 acres | PLC Yield: 50. With high-quality soil and open tenancy, this farm offers excellent yield potential and is well-positioned for long-term agricultural success.