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Productive Farmland Tract

6442 Independence Avenue Waterloo, IA 50703

6442 Independence Avenue, Waterloo, IA, 50703
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For Sale
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Tillable acres are leased and include a waterway CRP contract expiring in 2031.

Days on Market101

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 Updated: Jul 21 at 12:05AM Checked: Jul 21 at 5:52AM

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.

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

Location Intelligence

Current Use by Public Records

Agricultural land / Farmland

FAQs

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
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