32nd St Trl Vinton, IA 52345
- Land
- 115.58 lot acres
Current Use by Public Records
- Land
Property Details for 32nd St Trl
- Lot size
- 115.58 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 115.58-acre farm in Benton County, Iowa, presents a compelling investment opportunity. Located near Urbana, IA, with convenient access to Interstate 380, this property boasts 114.94 FSA cropland acres, approximately 109.04 of which are currently farmed. The soil composition includes the highly productive Clyde-Floyd complex, Kenyon loam, and Readlyn silt loam, resulting in an excellent CSR2 rating of 84.3. Improved drainage is provided by existing tile, enhancing productivity. Previously used pastureland has been converted to cropland, maximizing farming potential. The property's strategic location near developing commercial and industrial areas west of the property suggests future value appreciation. Currently leased to a strong local operator, the lease includes an option to extend through the 2025 crop season. The property is zoned for agriculture and offers easy access to Interstate 380 via 32nd Avenue and 150th Avenue. Urbana is less than 1.5 miles away, and Cedar Rapids, with its extensive grain marketing options (Cargill, ADM, cooperatives, and ethanol plants), is a short 30-minute drive. The property's parcel number is 83027930, and the annual net taxes are $5,294.00. Possession is at closing, subject to tenant rights. Financing options include cash, conventional loans, and 1031 exchanges. The property is served by the Center Point/Urbana School District.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vinton
- County
- Benton
- State
- Iowa
- Longitude
- -91.905
- Latitude
- 42.2451