33431 510th Street, Gilmore City IA, 50541

Property Description

Open farm lease for 2026! Waste no time and start earning profit immediately! Located just west of Gilmore City, Iowa, this farm is in the heartland of Iowa with great productive potential for corn and soybean crops. The property offers three separate parcels totaling 324.52± acres near local grain markets in Gilmore City. With field locations on hard surface roads, along with 4 round steel bins for storing grain, this farmland is an excellent addition for a local farmer or an investor looking for diversification. Mineral rights vested in current ownership will be conveyed along with the farmland, so the potential exists for future mineral income. Parcel 2 includes a grain bin site with 4 actively used bins with a total storage capacity of approximately 25,000 bushels. It also has a 30' x 36' Quonset shed for additional equipment storage. Parcel 3 boasts an outstanding CSR2 of 88.1 and is currently in hay production as well as the conservation reserve program (CRP). The CRP contract expires on September 30, 2026, allowing the opportunity for row crop production or expanded forage opportunities in the 2027 growing season. This field would be an excellent candidate for potential organic certification since it has been in a CRP contract for nearly 10 years. Rental Status: Current farm lease is terminated effective March 1, 2026. Full possession will be provided to the buyer at closing.