Tract 3 T Ave, Grand Junction, IA 50107
Tract 3: 175.26 +/- Acres with Farmland, Wind Income, and BuildingsLocation: 5.21 miles north of Grand Junction, IALegal Description: Sec 6-84N-29W | Parcel ID (0806200004, 0806200005, 0806200006, 0806400002, 0806400005)Tract 3 is a diverse 175.26-acre property with 140+/- tillable acres and a CSR2 rating of 78.8. In addition to its farming potential, this tract includes a MidAmerican wind turbine, generating an annual payment of $11,000 under contract until 2058. The first payment to the buyer will be made in 2026.Additional Features:Steel utility building (38 ft x 72 ft) built in 1972.Steel grain bin storage (30 ft x 21 ft) built in 1986.Farm Tenancy and Income:The farm is rented for the 2025 season, and the new buyer will receive the full rent payment of $37,940.Estimated property taxes are $6,158 per year.With strong rental income, wind energy payments, and storage infrastructure, this tract offers multiple revenue streams and long-term investment potential.
Listing courtesy of
Whitaker Marketing Group
MLS #:
66436
Lot Size:
175.26 Acres
Monthly payments are estimates based on current market rates for a 30-year fixed mortgage with 20% down and 5.0% interest. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.