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Highway 5, Centerville, IA 52544
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$849,250
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Home Details for Highway 5
Price
$849,250
Type
Farm
Lot Size
158
County
Appanoose
Tax
$2,458
MLS®️ Listing#
6324822
On exitrealty.com
290 days
Property Description
Located just north of Centerville, IA on the east side of Highway 5, this 159+/- acre farm offers excellent hunting, row crop income, & prime building sites. This area offers beautiful rolling hills & a multitude of recreational opportunities w/in minutes of town or Rathbun Lake. This farm features a mix of mature creek-bottom timber, oak & hickory ridges to the south, & thick, overgrown pasture to the north, creating ideal south-facing bedding areas. Hunting pressure has been minimal, w/ only one buck harvested in 2024—a mid-170s-class deer. Two newly constructed creek crossings provide better access & expand options for food plots & stand locations. The farm generates $12,250 annually from 70 acres of cash-rented cropland at $175/acre. Additional tillable acres are available for farming but have been left in wildlife cover for habitat enhancement. The mature timber stand, including walnut, white oak, & bur oak, offers future income potential through timber harvesting. The current owner has received an offer for a long-term solar lease, including a 3-year due diligence period before commitment. Details available upon request. With utilities available, this farm offers excellent building sites along w/ strong hunting & income potential. An existing open front shed is currently utilized for equipment storage w/ renovation opportunities. Whether you’re looking for a premier hunting property, an income-producing farm, or a great location to build, this tract is priced to sell.
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Listing Courtesy: Hawkeye Farm Mgmt & Real Estat - 641-932-7796. Presented by: Stephen C Hanson
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Heart of Iowa MLS.
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