98 Acres in Maloy, IA - $931,000
River Bottom Tillable and Recreational Farm
Highly tillable farm located within the Platte River bottoms of Ringgold County, Iowa! This 98 deeded acres consists of 81.65 tillable acres, beautiful Platte River frontage, and the remaining balance in timber and marsh. As you pull into this farm you immediately notice the deep black soil and abundance of wildlife. This farm is a strong income-producing property with diverse recreational use and would be an excellent purchase for an investor or an addition to an owner-operator's holdings in the area.
The FSA 81.65 tillable acres have a CSR2 of 67.3 and NCCPI of 83.7. The soil consists of predominantly Humeston silty clay loam and Dockery quiver silt loam. All of the tillable land has a 0-2% slope and is tiled laying north of the Platte River. The 10-year APH shows the farm has not flooded and the last 3-year yield history includes 76 bushels per acre of beans and 194 bushels per acre of...
The FSA 81.65 tillable acres have a CSR2 of 67.3 and NCCPI of 83.7. The soil consists of predominantly Humeston silty clay loam and Dockery quiver silt loam. All of the tillable land has a 0-2% slope and is tiled laying north of the Platte River. The 10-year APH shows the farm has not flooded and the last 3-year yield history includes 76 bushels per acre of beans and 194 bushels per acre of corn. The owner currently farms the ground but current farm bids include up to $350/acre rent for a long-term agreement beginning in 2024.
Recreational use is excellent on the property between whitetail hunting, turkey hunting, fishing, and waterfowl hunting. We jumped and saw over 30 deer on the farm during photos and it is evident a ton of whitetail use the farm. We saw and heard multiple gobblers within the neighborhood. The north boundary of the property has a low-water creek and marsh area that we saw several ducks and geese use frequently. The southern boundary is the Platte River, and this section is predominately shallow with easy access. The Platte River is home to gar, catfish, carp, and the occasional white bass. Surrounding properties are a mix of timber, dense CRP, and crop ground, creating an ideal wildlife habitat in the immediate neighborhood.
This is a long-time owned and operated farm that has been well maintained. The operator would continue to farm the property on a crop share or cash rent agreement if the new landowner desired or a new operator could begin in 2024. This farm is a strong producer and diverse recreational farm that would make a very sustainable purchase for an operator or a buy-and-hold investment purchase looking for an asset with an annual return and year-to-year appreciation. Give Will Wiest a call for more information, including yield history, and to schedule a private showing!
Property Features
-98 deeded acres in Ringgold County, Iowa
-Highly productive Platte River bottom ground
-81.65 FSA tillable acres in cropland
-Excellent hunting and recreation
-0-2% silt loam soils
-CSR2 of 67.3
-NCCPI overall 83.7
-Loaded with whitetail in and around the farm
-Creek and marsh area frequented by waterfowl
-Fishing and wading in shallow Platte River access
-30+ year family-owned and operated farm
-Current cash rent bids of $350/tillable acre
-$28,577.50 income per year before a hunting lease
-2020 beans produced 76 bushels per acre
-2021 corn produced 196 bushels per acre
-Good easement access in the southwest corner
-Located between Blockton, Iowa, and Maloy, Iowa
-Platte River adjoins the entire southern boundary
-2023 taxes are $1,888
Directions
From Maloy: take County Road J43 west 2 miles to 110th. Take 110th 1.5 miles south to the easement. Take the easement a 1/4 mile east to the property.
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