1,081.56+/- Acres Black Hawk & Benton County, IA - High Point Land Company

1,081.56+/- Acres Black Hawk & Benton County, IA

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Acreage
1081.56 Acres +/-
Price
$17,000,000
State
Iowa
County
Benton
ID
#IA7182022
Description

High Point Land Company is honored to present this once in a lifetime offering of 1,082+/- acres in Black Hawk and Benton County, IA. Located in Cedar Township (Black Hawk & Benton County), this turn-key operation is 95% cropland with soil quality ratings as high as 82.5 CSR2, with an overall average CSR2 of 73 across all 1,031.17 FSA Certified Cropland acres. Wiota Silty Clay Loam and Sawmill Silty Clay Loam are among the most prevalent soil types across the cropland acres. Wide open fields, nearly mile long rows, and wide field drives greet large equipment and offer the ability to cover acres efficiently. This offering presents the opportunity to purchase 5 farms as a unit, with the majority of acres being within just 2 miles of each other.

*All offers are due Tuesday, August 16th.*

The location of this operation is second-to-none with the majority of acres lying just five miles south of Waterloo, IA.  This offering is teeming with the opportunity for future development as hundreds of acres lie directly off of Highway 218, between Waterloo and La Porte City, just South of Washburn. All acres are easily accessed and are in close proximity to multiple hard-surface roads including Highway 218, Dysart Rd, East Schrock Rd, & Miller Creek Rd. This provides quick and easy access to multiple grain markets in the area.

The improvements located on these properties add to its already enormous potential, and truly make this operation as “tun-key” as they come. Approximately 165,000 bushels of grain storage accompany this listing with approximately 130,000 bushels of storage accompanying the dryer set-up on Farm 4. Also on the main farm is 36’x40’ machine shed. Also, included with the offering is a 60’x70’ machine shed located on Farm 2 and a 40’x60’ machine shed with a 42’x27’ Grain Bin located on Farm 3, both with nice, concrete floors to satisfy all of your operation’s storage needs.

As an investment, this offering has the potential for a very favorable ROI. At conservative estimates of $300/acre Cash Rent, $.10/bu Grain Storage, $.30/SF Building Storage, this offering has a projected Gross Income of $327,656.

*Please note the dwelling & 48’x99’ Machine Shed located at 3415 E Quarry Rd, La Porte City, IA 50651 are NOT included in this offering.

Contact Iowa Land Specialist, Tanner Knowlton, 641-330-7727 or Tanner@highpointlandcompany.com, or Randy Thompson, 515-341-2700 or Randy@highpointlandcompany.com, for more details.

Directions:

To Farms 1, 2, 3:

From Waterloo, IA, head south on Highway 218 (La Porte Rd.) for 5 Miles, Turn Right (West) onto East Schock Rd, then Turn Left (South) onto Cotter Rd. Proceed South on Cotter Rd for 1/4 Mile, Farm 1 is on the Right (West) side of the road, Farm 2 is on the Left (East) side of the road. Turn Left (East) onto Miller Creek Rd and proceed for 3/4 Mile, Turn Right (South) onto Highway 218. Farm 3 is on the Right (West) side of the road.

To Farm 4:

From Farm 3, continue South on Highway 218 (La Porte Rd.) for approximately 1.50 Miles, Turn Right (West) onto Quarry Rd, continue straight for 3 Miles, Farm 4 is on the Right (North) side of the road.

To Farm 5:

From La Porte City, head Southeast on E Main St for 2 Miles, Farm 5 is on the Right (South) side of the road.

Property Features:

  • 1,031.17 Certified Cropland Acres
  • 73 CSR2 Rating across the entirety (Farm 5 boasting an 82.5 CSR2)
  • Great access to multiple local grain markets.
  • 165,000 Bushels of Grain Storage across all bins with dryer set-up.
  • Opportunity to add Additional Tillable Acres.
  • Multiple Machine Sheds with Concrete Floors.
  • Opportunity to purchase 1,082+/- acres in close proximity to another.
  • Great potential for favorable ROI’s as an investment.

View Associated Files

Property Information Packet

Aerial Map

Soil Map

Topo Map

Wetland Map

Aerial Map

Soil Map

Topo Map

Wetland Map

Aerial Map

Soil Map

Topo Map

Wetland Map

Aerial Map

Soil Map

Topo Map

Wetlands Map

Aerial Map

Soil Map

Topo Map

Wetlands Map

Wetlands Map

Topo Map

Soil Map

Aerial Map

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