Land for Sale - 3330 310th Street, Lot#WP001, Dexter, IA 50070 - 57.67 acres

Recreational Farm With CRP Income Along The South Raccoon River

3330 310th Street, Lot#WP001, Dexter, IA | Lat/Lng:  41.5598, -94.2959

$490,000
57.67 ac.
08/26/2024
FOR SALE
Main Listing ImageMain Listing Image

Description

Whitetail Properties Real Estate proudly presents this amazing combination farm for sale along the South Raccoon River. Located less than 40 minutes west of Des Moines, this farm comprises 70% CRP and 30% timber/river bottom acres. This ratio is ideal for the land investor seeking a solid return but also looking for the increased benefit of enjoying the investment year-round with family and friends. This farm produces just over a 2.5% IRR at the asking price.This farm has been managed and cared for with conservation in mind. That mindset has dramatically increased the overall habitat and food sources for wildlife without negatively impacting the farm's income potential. Wildlife is now flourishing on this farm, with healthy populations of whitetail deer, wild turkey, and ringneck pheasants.Not only is this farm located in one of the top whitetail-producing neighborhoods in the county but it is also located on a dead-end private drive. There is complete privacy, and you’ll never have to worry about road pressure or traffic messing up one of your hunts.Call the Listing Agent to schedule a private showing today to see this tremendous farm for yourself. Private showings by appointment only. Property Features: - 39.29 acres are currently enrolled in CRP paying $12,593.00 annually - 20.21 acres of CP38E-25 paying $272.12 per acre expires 9.30.26 - 19.08 acres of CP31 paying $371.77 per acre expires 9.30.30 - Nearly a 2.6% IRR at asking price is unheard-of for a recreational farm this close to Des Moines Metro - All CRP practices have matured past their mid-contract maintenance and are in full compliance with FSA - More than 12 acres of mature river-bottom timber provide great elevated stands locations for the dedicated deer hunter - This farm is all about HABITAT! The stem count of this property is through the roof and getting better every year - This is the type of farm that you can shoot a limit of roosters in the morning and kill a mature buck in the afternoon - This property is in one of the most managed areas for mature deer and wildlife in Guthrie County - Multiple +200” Whitetails have been harvested and photographed in this area - .65 miles of the South Raccoon River wind its way through this farm and provides a tremendous travel corridor for deer - Located less than 7 miles from Stuart (I-80) and only 40 minutes from the West Des Moines suburbs - Electricity is located along the north side of 310th Street – Guthrie County Rural Electric Company - Located in Sections 15 & 16 of Penn Township (15/16-78N-30W) - School District: West Central Valley Community Schools - Annual Property Taxes: $1,337.00 (2023)

Details

CountyGuthrie
Zipcode50070
BrokerageWhitetail Properties
Brokerage Linkhttps://www.whitetailproperties.com
Land Listing Agent Photo
Contact Agent:Email Land Listing Agent
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