Description
Description
High Point Land Company is honored to present an excellent income producing property in Worth County, IA. This recreational dream property, with great potential to be put back into crop production, shall be offered as a Timed Online Only Auction, accepting bids until 1:00pm on September 1, 2022.
This dynamic property consists of 182+/- gross acres with 173.51 acres of certified cropland. Of which, 142.37 acres are currently enrolled in CRP generating an incredible $26,489 annually via the three CRP contracts with ending dates between 2030-2037 (newest contract scheduled to start 09/2022 through 09/2037 on 17.9 acres @ $300/acre). Much of this CRP is exempt from conservation compliance provisions.
With considerable income already secured on this property; over $307,000 total scheduled to be paid, this is a tremendous opportunity to purchase land with a fantastic ROI. Although impressive, these contracts do have the option to be bought out if the new owners desire to put this land back into crop production.
With strong pheasant populations and thick bedding areas for deer, this property offers great opportunities for hunting. It's easy to see how a few strategically placed food plots could hold deer for the entire season and pull them to the property.
This property is the ultimate getaway, with no road frontage, this secluded property offers a clean slate to be developed as you see fit. This property is currently being accessed by an Easement coming from the South, where the owners have a bridge crossing the drainage ditch.
For more information contact Iowa Land Specialist Nick Hopp 319-240-6121 or Noah Hopp 319-240-9257
Address: TBD Hwy 105 Northwood, IA 50459
Directions: From Northwood go West on HWY 105 for 2 miles and the property will be to the North.
Property Features:
- $26,489 Annual CRP income
- Secluded
- Potential to put back into crop production
- Excellent pheasant hunting
- Potential for food plots
