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Size: 64.56 Acres
Type: Farms

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FARMS - Madrid, IA

This property presents an exceptional opportunity for recreation, with all acres enrolled in the SAFE and CREP CRP programs. The 22.34 acres in the SAFE program are located in the eastern and northeastern portions of the property, consisting of 20.1 acres of seeded ground and a 2.24-acre food plot, generating $300 per acre in annual payments until 2036. These acres also have a CSR2 of 86 that could be an excellent producing field after the CRP contract expires. The 44.57 acres enrolled in CREP provide annual CRP payments of $349.50 per acre through Sept. 30, 2034. The CREP easement is for 30 years. It was entered into in 2019 and runs until 2049. The period after CRP payments from 2034 through 2049 the land needs to stay in the same cover. After that the easement is over in 2049 there are no more regulations on use of the land. The property may be hunted personally or leased for hunting....

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Gannon Real Estate & Consulting

License #***

Ames, IA

(515) 291-5942

Mark Gannon

Gannon Real Estate & Consulting
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Is this your property? Sell it faster with premium placement and targeted ads.