118 Acres in Altoona, IA - $2,596,000

118 Acres Polk Co., IA

Offering 118 acres m/l of prime development land nestled on the south side of Altoona, Iowa. Property is located in an active development area and is currently in the short term annexation plan for the City of Altoona. Property is serviceable from a sanitary sewer main and a 12 inch water main located along the north side of NE 27th Avenue - see Attachments for approximate maps. Sewer connection fee is approximately 3,900/acre. With new construction residential tax abatement program through the City of Altoona, there is an opportunity to capitalize on 100% abatement on the first $75,000 of value for a period of five years. Farm consists of approximately 113.78 tillable acres carrying an 88 CSR2. Primary tillable soils include Clarion, Webster, and Nicollet loam. Property is located on the south side of Altoona, adjacent to city limits, in Section 25 & 36 of Clay Township.