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Size: 120 Acres
Type: Farms, Ranches

This is a good opportunity to purchase a good quality farm within one mile of the Ames City limits, adjoining the Union Pacific Rail Line and within 2 miles of the Lincoln Way Energy Ethanol Plant and the Key Coop. The farm has 114.5 tillable acres and is planned to go back to corn in 2012. The lease is with a local operator that has leased the farm for many years on a 50/50 basis and will be farming the land in 2012. The buyer will assume all rights to this lease. Strong corn prices should translate into a good return for the new owner.

The land has a 24 and 10 county tile through the east and northern portions of the farm. It is our opinion that the drainage could be significantly improved with the outlets available by adding more laterals. In 2011 a dedicated 8 line was brought west on the south side of the RR tracks to a culvert under the RR tracks that serves as a surface drain ou...

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Directions

The land is on the corner of 220th Street and 580th Avenue just east of Ames. It is 1.5 miles east of land zoned for a new mall and big box retail area on the east side of the I-35 and E. 13th Street exit (113). Holub Greenhouse is just NW of the farm. The Union Pacific Railroad is the south boundary with 3 rail lines.

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Contact Seller
Gannon Real Estate & Consulting LC

Ames, IA

(515) 852-5481