6442 Independence Avenue, Waterloo IA, 50703

Property Description

Investors or farmers should take a close look at this highly productive 91.20 tillable acres (CSR 87.98) located on highway 281 just a few miles NE of Waterloo. The building sites are being sold separately and are not included in the listed acres or price. The soil types include mostly Kenyon and Clyde-Floyd soils with some Readlyn. Some tile was installed in 2011, and additional tile would be easy to add. This farm is currently subject to a lease on 88.3 acres and a CRP contract on 1.6 acres of waterway for $300 per acre that expires in September 2031. The farm is located on two paved roads which allows for quick access to area grain markets.