Productive Farmland
For Sale
Contact for pricing
6442 Independence Avenue, Waterloo, IA 50703
Tillable acres are leased and include a waterway CRP contract expiring in 2031.
Property SizeContact for details
Days on Market143
Property Features for 6442 Independence Avenue
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Staley Real Estate
Listed By:
Kent Mollenbeck · License #IA
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 11:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Staley Real Estate
Investment Insights
Based on property information with market context.
This farmland offering includes 91.20 tillable acres with soil primarily identified as Kenyon and Clyde-Floyd, with some Readlyn. Tile drainage was installed in 2011, and additional tile is described as being easy to add. The parcel also includes building sites that are being sold separately and are not included in the listed acres or price.
The property is located on highway 281, a few miles northeast of Waterloo, and is accessed from two paved roads for convenient movement to area grain markets.
The farm is currently subject to a lease on 88.3 acres and a CRP contract on 1.6 acres of waterway, with payments of $300 per acre and an expiration in September 2031.
The property is located on highway 281, a few miles northeast of Waterloo, and is accessed from two paved roads for convenient movement to area grain markets.
The farm is currently subject to a lease on 88.3 acres and a CRP contract on 1.6 acres of waterway, with payments of $300 per acre and an expiration in September 2031.
Key Highlights
- 91.20 tillable acres with CSR 87.98 on Hwy 281, just a few miles NE of Waterloo
- Lease in place on 88.3 acres; CRP contract on 1.6 acres of waterway
- CRP contract pays $300 per acre and expires September 2031
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
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Business Placement
Demographics for 50703, IA
18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Tillable acres are leased and include a waterway CRP contract expiring in 2031.
Where is this agricultural land / farmland located?
The property is located at 6442 Independence Avenue Waterloo, IA.
What are key features of this property?
This property features: 91.20 tillable acres with CSR 87.98 on Hwy 281, just a few miles NE of Waterloo; Lease in place on 88.3 acres; CRP contract on 1.6 acres of waterway; CRP contract pays $300 per acre and expires September 2031
