22352 248th St , Onawa, IA 51040(Monona County)

Just outside Onawa, Iowa lies this beautiful 120 +/- acre production farm that has been in the same family for 113 years. The farm has been in origin since 1910 and in 2016 was recognized with the prestigious award of being a Century Farm. Farms of this nature rarely become available to the public and Midwest Land Group is honored to bring this property to the open market. The farm consists of 119.64 FSA tillable acres and has a weighted CSR2 average of 71.4. Primary soils include Rodney, Albaton, Owego, and Onawa silty clay. The slope of the farm is 0-2%, making planting and harvesting fast and efficient, increasing machinery performance, and lessening the chances of crop damage. The farm is accessed from the south off 248th Street and is only 1/2 mile from paved Highway K45. The nearest cooperative is just a short distance at only 2.5 miles away. Onawa is also home to many agricultural product and seed dealers ensuring you have the care and support needed to run an effective and successful farming operation. For the investment-minded buyer, the farm sits in a very strong farming community and a cash rental or crop share agreement/partnership would be a viable option as well. The farm has been in a corn and bean rotation and the 2021 corn yield was 216 bushels an acre. 2023 cash rent was $280/acre or $33,488. The farm is open and available for the 2024 planting season. If you have been looking to start your own farming operation, add to existing acres, or looking for a sound investment to add to your portfolio, you will want to take a hard look at this one. Call Sean Stewart to answer all of your questions and to schedule a private showing at (515) 401-2281.

Property Features

-Century farm

-120 +/- acres

-119.64 tillable acres

-71.4 CSR2 average

-2 miles south of Onawa, IA

-1 hour from Omaha

-30 minutes from Sioux City

-Level terrain for efficient farming

-8,000 bushel grain bin

-2.5 miles from Co-op

-Open for 2024 season

-Taxes $4,948/annually