First Notice Club
May 2, 2014
Spring has now sprung. We are looking forward to a good spring and summer. Real estate has always been the best investment and the fact the land values have held in there through the lower prices is an example of this. The commodities have now come around some and the general economy is doing well in Iowa so housing optimism is high also.
Boone County, Ia - Great Larger Acreage on 43.13 acres, 2,942 sq. foot Home w/Finished Basement and Large Machine Shed. 2,200 Tree Plantings. Too Good to be true. NW of Ames, NE of Boone $925,000
Boone County, Ia - 76.86 acres. All old growth or improved timber stand with nice ridge for cabin or home. Electric and Rural Water. NW of Boone $199,000
Ames, Ia - 15 acres. SE Corner of I-35 and Hwy 30. Commercial and Residential zoning. High Bluff overlook. $200,000. Contract possible
Ames, Ia - 1.14 acres, South Dayton Place & Hwy 30. Great Visibility for restaurant with 9 motels in close vicinity. Contract Possible
Taylor County – 516 acres, 451.4 tillable acres. 62.9 CSR2. This is an excellent opportunity to purchase a large tract of tillable land with significant conservation improvements. There are 3 grain bins on the property totaling 20,000 bushels of storage. The farm is cash rented for 2014 with split payments, the buyer has the possibility of assuming the second payment if purchased by midyear. There is also 50 acres of recreational land in the SE corner of the property. The farm is located just 3 miles north of Bedford, IA. Priced at $6,900/acre
Boone County – 80 acres, 48.75 present tillable acres, 21.6 acres enrolled in CREP. 66.5 CSR2 on present tillable acres and 77.7 CSR2 on CREP acres. Payments for CREP ground continue until 2019 and are $223.69/acre annually. The farm is located 4 miles north west of Woodward, IA. At the request of the owner this farm will not be listed on our website. If you would like more information regarding this farm, please call our office or send me an email. Priced at $6,562/acre
Clay County – 130 acres, 126.72 tillable acres. 73.8 CSR2. Building site 0.51 acres. Quality farmland tract with a high percentage of tillable land. There is reported to be a good amount of tile with an estimated corn yield around 180 bushels/acre and 50 bushels/acre soybeans. The building site includes a 5,000 bu. grain bin, shed and corn crib. Priced at $8,250/acre.
We feel this is an excellent investment for the investor, farmer or perfect for the self-directed IRA investor.
Gannon Real Estate & Consulting/US Farm Lease
56722 – 241st Street, Ames, Iowa 50010, 515-291-5942