Guthrie County Iowa Land for Sale - CRP Income, Hunting Farm

Located in scenic Thompson Township in Guthrie County, Iowa, this 79 acre farm presents a compelling opportunity for buyers seeking a combination of income, recreation, and long- term upside. Positioned on Koala Avenue just over 6 miles north of Casey, Iowa and under an hour west of West Des Moines, Iowa, the property offers both privacy and accessibility. The farm includes Government Lots 19 and 20 in Section 4, Township 78 North, Range 32 West of the 5th P.M., and lies within the Adair-Casey School District. Access is provided via gravel road frontage on Koala Avenue, just a half mile off Highway F63. A maintained perimeter trail system allows access to nearly every part of the farm, making it both functional and easy to navigate. Income & Agricultural Potential: The property includes 79.59 FSA farmland acres, with 64.68 FSA cropland acres, offering a strong foundation for both income and long-term flexibility. Currently, 62.19 acres are enrolled in the CP42 CRP program, generating an annual payment of $17,886, with the contract expiring September 30, 2026. Ownership has submitted an application for re-enrollment through the national CRP office. Preliminary terms indicate a potential contract under the CP25 (HEL) program, enrolling approximately 58.98 acres with an estimated annual payment of $11,988. This contract, if finalized, would begin October 1, 2026, with the first payment expected in October 2027. Approximately 20± acres of 74 CSR2 hilltop ground offer strong potential for row crop production or food plot development. Local cash rent has been confirmed at approximately $225 per acre. The property also currently generates supplemental income through a hunting lease with the Hunt Lease Network, which can be terminated by the seller prior to closing. Building & Improvement Considerations: Electric service is available at the road, and fiber internet is accessible along the west side of Koala Avenue. Rural water is not available, meaning any future improvements would require a private well and septic system. Overall, this property is best suited for recreational use, hunting, and investment, with building potential available for buyers willing to take on the additional effort and cost associated with rural development. Additional Property Details: Parcel IDs: 0000802000 & 0000802100 Zoned A-1 Agricultural 2024 Gross Taxes: $1,487.10 | Net Taxes: $1,456