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Listing #18270

$368,250

Warren County, IA

Overview

  • $12,747Per acre
  • 28.89Total acres M/L
  • 15.76Tillable acres M/L
  • $620Net taxes
Warren County, Iowa Land for Sale - Peoples Company presents a unique combination farm approximately two miles southwest of Norwalk, Iowa, one of the fastest growing cities in Iowa with a 43% increase in population from 2010 to 2020, and is a short drive from the Des Moines Metro area. The property features 28.89 surveyed acres of building sites, income producing crop acres, and recreational opportunities combined with possible future development.

The gentle rolling topography fosters numerous building site locations for a residential dwelling anywhere on the tract, along with an estimated 15.76 FSA cropland acres carrying a high quality CSR2 rating of 73.5, compared to the Warren County average of 57.3. These currently farmed acres are leased to a local farmer for the 2025 cropping season. With some clean-up work, a portion of the property could be converted into additional income producing row crop acres.

This property offers excellent recreational potential with wooded timber on the northern portion of the property, in an area known for strong populations of deer, turkeys, and small game, making it a great option for hunting and outdoor enthusiasts. There is a small entrance off Eisenhower Street located on the southeast corner of the property for the convenience of an accessible tract of land within only a short commute from the Des Moines Metro.  Additional utilities through MidAmerican Energy and Warren Water District are available at the road.

The City of Norwalk has recently annexed approximately 2,900 acres that are adjacent to the southern property line of this farm. In the future, there may be development opportunities. In addition, property is also being offered as an East Tract (64.25 Acres; Listing #18271) and Entire Property (93.14 Acres; Listing #18269). Please contact the listing agents for additional details. Property is located in Section 28 of Linn Township in Warren County, Iowa. 

Land

Zoning
Agriculture
Gross Taxes
620
Parcel(s)
15000280223
School district
Martensdale-St. Mary's School Community School District

Building

Location

Address:
38th Avenue & Eisenhower Street, Norwalk, IA 50211 Get Directions
Directions:
From Norwalk, Iowa: Travel west out of town on County Highway G14 for approximately 1 mile and take slight left (southwest) onto Clarke Street. Continue for 2 miles and then turn left (south) onto 30th Avenue, continue for approximately 2 miles, and road turns to the left (east) and becomes Dubuque Street. Continue for approximately 0.75 miles to 38th Avenue. The western property is along the east side of 38th Avenue, and southern property is on the north side of Eisenhower Street. Look for the Peoples Company signs.

From Cumming, Iowa (The Agrihood's Great Western Crossing Neighborhood at County Highway G14/30th Avenue intersection): Travel south on 30th Avenue for approximately 2 miles and road turns to the left (east) and becomes Dubuque Street. Continue for approximately 0.75 miles to 38th Avenue. The western property is along the east side of 38th Avenue, and the southern property is on the north side of Eisenhower Street. Look for the Peoples Company signs. 

Terms

Possession
At Closing, Subject to Tenant's Rights
Zoning
Agriculture
Legal description
Property consists of 28.89 surveyed acres located in Section Twenty-eight (28), Township Seventy-seven (77) North, Range Twenty-five (25) West of the 5th P.M., Warren County, Iowa. Exact legal descriptions to be taken from surveys and Abstract.

Cash, Conventional, 1031 Exchange

Remaining terms and conditions are supplied per listing by the CMS.

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