This 57 +/- acre tract is being split off from a larger 168 +/- acre farm located just West of Hillview in the Greene County Bottoms. The farm boasts nearly 100% tillable acres. Multiple acreage options available: 57, 111, 168. Seller will pay any related survey costs prior to closing.
The farm is ideal for an investor with a $400/ac cash rent available for 2026 and potential long term arrangements can be made. Contact Broker for information related to long term rent agreement information and potential sell-back options.
Full 2026 cash rent would be funded at closing.
The farm produce 188+ bu/ac corn in 2025 and the 2026 crop has been established.
Investment Analysis (Estimated)Asking Price: $712,500 ($12,500/ac)$400/ac Cash Rent: $22,800Drainage Tax: $1,974 (+/-)Property Tax: $1,525 (+/-)Net Income: $19,301Cap Rate: 2.71%
A soil test was completed in April of '26 and is attached in the property documents section. There is anestimatedSection 180 excess soil fertility deduction of over $1,400/ac.