Directions

Just South Of The Des Moines Metro And Hwy 5. SW 9th Exit Off Of The Hwy 5 Bypass, Go South Taking An Immediate Turn East On First Gravel Road (Boarder Or Beardsley), Continue To 100th, Then South To Locked Gate. Agent Has Key.

. 100th (4 Parcels) St, Norwalk, Iowa

$765,000
Acres: 158.00
MLS # 554715
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Details: Lots and Land
MLS# 554715
County Warren
Zoning AG
Acres 158.00 ML
School District Indianola
School and Community Information
Property Description
Attention Hunters & Investors! Here is your opportunity to own 158 acres m/l just south of the Des Moines metro area with a BIG return on your investment at Apx 4.4%! Apx 118 acres are enrolled in a CP23 wetlands continuous CRP contract until 2026 at $259.70 an acre. Apx 19 acres are enrolled in a CP21 filter strip continuous CRP contract expiring in 2018. These acres should be re-enrolled without an issue. Estimated gross income is $33,764 & that number should go up with the re-enrollment of the CP21 at an increased contract price. The balance of the property is timber & drainage ditches following the North River valley. Waterfowl, deer, turkey, fishing & recreational opportunities. This farm land is in the middle of a large section with no public road access giving you seclusion. Access to the property is 1/4 mile north through a locked gate on a level C road. Several shallow wetlands have just been established & seeding completed in Fall 2017 for the new CP23 wetlands program.
Utilities
Tax & Terms Information
Gross Taxes $3,038
Net Taxes $2,876
Terms Available Cash, Conventional
Listing courtesy of Re/Max Real Estate Group Data courtesy of the Des Moines Area Association of REALTORS

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