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28363 Hwy T29 Beaman, IA 50609 Land - Farm

New - 5 Hours Ago
  • 28363 Hwy T29, Beaman, IA 50609 Main Photo

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Description

Located in one of Iowa's premier agricultural regions, this exceptional tillable farm presents a rare opportunity to acquire a large, high-quality farmland investment in Clay Township, Grundy County, Iowa. The property is located approximately 4 miles southwest of Grundy Center, Iowa, along K Avenue, offering excellent access in one of the state's most productive farming regions. The farm consists of 181.61+/- gross acres, including 171.51 FSA cropland acres, with an outstanding CSR2 soil rating of 93.0. Predominant soil types include highly productive Tama silty clay loam and Muscatine silty cloam loam, making this an exceptional farm for long-term productivity and investment. With approximately 94% of the property in cropland, this tract offers an outstanding balance of quality soils, efficiency, and income-producing potential. According to the long-term tenant, the farm has been well cared for and consistently produces excellent crops. Large, contiguous tracts of this caliber are becoming increasingly difficult to acquire in Grundy County, making this a unique opportunity for both operators and investors. The property is currently leased through February 28, 2027. The existing lease has been properly terminated, allowing the buyer to receive open agricultural possession beginning March 1, 2027. This provides the new owner with the flexibility to farm the property, negotiate a new lease, or select a tenant of their choosing. Continued in Agent Remarks:

Property Highlights

Property Type: Land - Farm
Total Acres: 181.61 Acres
Zoning: Agriculture

General Information

County: Grundy
Listed By:
Iowa Land Company 515-962-5048
No Coast MLS
$3,450,590
Est. $23,256/mo
New to the Market Active
LOT SIZE 181.610 acres MLS#6341131
STATUS PROPERTY TYPELand - Farm

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Ruhl&Ruhl Realtors
563.441.1776

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28363 Hwy T29, Beaman, IA 50609.

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Loan Type FHA 30 Year Fixed30 yr Jumbo
Purchase Price $3,450,590$3,450,590
Down Payment $120,771$690,118
Monthly Mortgage Amount $21,137$17,448
Taxes $4802$4802
Insurance $100$100
HOA/Dues/Fees $0$0
Monthly Mortage Insurance $2,070$0
Monthly Estimated Total $29,015$23,256

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