2086 380Th St Grafton, IA 50440
This exceptional 82.59-acre property in Worth County, Iowa, presents a unique investment opportunity. Located at 2086 380th St, Grafton, IA 50440, this farmland boasts 76.22 FSA cropland acres with a remarkable CSR2 of 79.8. The soil composition includes highly productive Maxfield and Dinsdale silt loams, categorized as Non-Highly Erodible Land (NHEL). Significant improvements include over 25,000 linear feet of drainage tile installed in 2020, featuring a 12-inch private main. Convenient access to Iowa Highway 9 and nearby grain marketing options enhances its appeal. The property benefits from extensive drainage tile, ensuring optimal water management. The farm lease has been terminated, making it available for the 2025 growing season. This parcel, situated in Section 8 of Union Township, is offered as one tract via public auction on November 14th, 2024, at 10:00 AM at the Grafton Community Center. The auction will also be accessible via a virtual online platform. APN: 1208400003; 1208400004. Zoned Ag. This is an excellent opportunity to acquire high-quality Iowa farmland with exceptional drainage and convenient access to transportation and marketing facilities.
Cap rate
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