12745 460Th St Thompson, IA 50478

Property Details for 12745 460Th St

Lot size

10.01 lot acres

Property type

Land

Description

This exceptional investment opportunity encompasses three state-of-the-art swine facilities totaling approximately 10.01 acres in Winnebago County, Iowa, just north of Thompson. The properties include three barns, each a 101' x 192' wean-to-finish structure with a capacity of 2,400 head, for a combined capacity of 7,200 head. Built between 2006 and 2008, these barns boast significant recent upgrades, including new steel roofs (installed Summer 2024), updated mechanical rooms, and new curtains on two of the properties. All barns feature single-phase electricity and generators (50kW on two barns, 100kW on one). Manure management systems are substantial, with each barn possessing a 900,000-gallon pit. Annual manure production varies slightly per barn, ranging from approximately 517,080 to 750,000 gallons, with nitrogen levels averaging between 55.4 and 59.1 lbs/1,000 gallons. Existing contracts with Christensen Farms provide for two additional turns of pigs upon sale, with income prorated to closing. Furthermore, the seller has manure commitments for 2025 and 2026 on two tracts, with payments transferring to the buyer. Real estate taxes are approximately $1,316, $1,382, and $1,590 for the individual tracts. This turnkey operation presents a compelling opportunity for experienced swine producers seeking expansion or new investment. Detailed slat inspection reports are available. The seller is open to discussing the sale of manure from one of the properties.