Description
Description
BID NOWHigh Point Land Company is honored to present the Nieman Farm, which shall be available at live public auction on September 26, 2023 at 1:00; with online bidding also available. The method of sale used will be "Choice, with Privilege," offering an incredible opportunity to purchase two "A" quality farms directly across the road from each other. Auction will be held at The Westgate Community Center, 184 Main St, Westgate, IA 50681.
The farmland surrounding Westgate, Iowa is known for some of the most productive soils Fayette County has to offer, with the Nieman farm being no exception. These well tiled tracts generate an incredible 89.4 and an 88.9 CSR2 respectively across their tillable acres, and have been well managed by the long-term tenants. We are pleased to be able to offer this property in two tracts, making a great opportunity for every buyer; from the beginning farmer to the seasoned investor.
These tracts shall be offered using the Net taxable acres as the multiplier.
Tract 1 - 77+/- Net Taxable Acres (74.37 Certified Cropland) - With long rows, and great access, this highly productive "80" would be a tremendous add on to any operation. Generating an 89.4 CSR2 across the tillable acres, this tract is well tiled and lays beautifully to be efficiently farmed.
Tract 2 - 36.98+/- Net Taxable Acres (33.42 Certified Cropland) - Not to be outdone, this tract offers a an average 88.9 CSR2 across the tillable acres consisting of Clyde Clay, Kenyon and Floyd Loams. With well established waterways in place, this tract drains well, with the original tile continuing to be operational. It's not often that we are able to offer a smaller tract with the productivity of this short "40."
This productive land is being offered free from lease for the 2024 growing season. With many tenants interested in expanding their operation locally, this property could either be owner-operated, or rented to a local tenant providing a solid ROI.
Property Address:
TBD V Ave, Westgate, IA 50681
Property Features:
- Excellent Access
- Opportunity to pair both tracts together
- 89.4 and 88.9 CSR2
- Highly Productive soil types
- Well Tiled
- Many tenants available
Directions:
From Westgate, Iowa go West 1 mile and turn South 3 miles on V Avenue. The property is on the East side of the Road
