0 Idaho Rd Corydon, IA 50008
Highly productive 314.45-acre Iowa farmland, offered in two tracts (152.95 acres and 161.50 acres m/l) via a "Buyer's Choice" auction on December 5th, 2024. Tract 1 boasts approximately 141.36 FSA cropland acres with a CSR2 rating of 51.4, while Tract 2 offers roughly 158.64 FSA cropland acres and a CSR2 rating of 56.3. Both tracts feature gentle rolling topography, over 95% tillable acreage, and multiple well-established driveway entrances (six total). Located in Wayne County, near Allerton, IA (Section 11, Warren Township), this property benefits from a natural gas pipeline along County Road J46/Iowa Road and Idaho Road, and a fiber optic cable along 120th Avenue and Idaho Road. The auction will be held at the Walden Park Clubhouse in Corydon, IA, at 10:00 AM, with online bidding available. This exceptional farmland presents a compelling investment opportunity due to its high tillable percentage, productive soils, and convenient location. Acreage is subject to final survey. The combined FSA tillable acres total approximately 300 acres, with an overall CSR2 rating of 53.7, exceeding the Wayne County average of 50.7. This represents a rare opportunity to acquire highly productive Iowa farmland.
Cap rate
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