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000 140th Street Belmond, IA 50421
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Key Details
Sold Price $395,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 737941
Annual Tax Amount $1,000
Lot Size 38.000 Acres
Property Description
Located in the heart of North Central Iowa, this high-quality 38± acre farm presents an excellent opportunity for both operators and investors. Situated approximately 8 miles north of Belmond and 8 miles Northeast of Kanawha, this tract offers a strong combination of productivity, accessibility, and income potential.
This farm consists of approximately 38 gross acres with nearly 100% tillable land, making it an efficient, income-producing property with minimal waste. The farm carries an impressive CSR2 average of 68.67, reflecting the strong soil quality and consistent yield potential that Hancock County is known for.
With estimated annual property taxes of approximately $1,000 per year, this property offers a favorable ownership cost structure. Additionally, cash rent will be prorated, providing flexibility for a buyer—whether you're an operator looking to take possession for the 2027 crop year or an investor seeking immediate income potential.
Whether you are looking to expand your current operation, invest in a stable farmland asset, or secure a high-quality tract, this property is well versed.
Location
State IA
County Hancock
Area Belmond
Zoning AG
Others
Monthly Total Fees $83
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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