Iowa Farmland for Sale

Open farm lease for 2026! Waste no time and start earning profit immediately! Located just west of Gilmore City, Iowa, this farm is in the heartland of Iowa with great productive potential for corn and soybean crops. Parcel 3 boasts an outstanding CSR2 of 88.1 and is currently in hay production as well as the conservation reserve program (CRP). The CRP contract expires on September 30, 2026, allowing the opportunity for row crop production or expanded forage opportunities in the 2027 growing season. This field would be an excellent candidate for potential organic certification since it has been in a CRP contract for nearly 10 years. Approximate Legal Descriptions: Parcel 3: Fr. 24.42± ac of NW1/4 NW1/4 in Sec 1-T91N-R31W of the 5th PM, Lake Township, Pocahontas County, Iowa Exact legal description will come from the abstract of title. Driving Directions: Parcel 3 is located on the south side of Highway 3 on the west side of Gilmore City. Rental Status: Current farm lease is terminated effective March 1, 2026. Full possession will be provided to the buyer at closing. Parcel 3: 24.42± Acres Asking Price $297,924.00 $12,200/acre Total Gross Acres 24.42± Net Taxable Acres 23.98± Est. Tillable Acres (FSA Update Pending) 23.72± Prior Year Real Estate Taxes per Tillable Acre $34.68 CSR2 on Tillable Acres 88.1 Conservation Reserve Program (CRP) Acres (Expires 9/30/2026, $7,381.00/year or $336.60/acre) 21.93 No Highly Erodible Land or Wetlands Method and Terms of Sale: Exclusively listed property. Interested buyers should contact Brent Larson with Sunderman Farm Management Co. to submit offers at 515-571-3704. Property is offered "As-Is, Where-Is" with no warranties or guarantees, expressed or implied, made by the seller or their agent. Sale is subject to all easements, covenants, and restrictions of record. Buyers should consult with the applicable professionals of their choice and complete all research and inspections prior to making an offer. A standard purchase agreement with no contingencies will be signed and buyer will provide earnest money in the amount of ten percent (10%) of the total sales consideration. Balance due via wire transfer at closing with delivery of a warranty deed and abstract showing merchantable title. Real estate taxes prorated to date of closing.