Tract 3 160th St Holland, IA 50642

Location of Auction: Wellsburg Memorial Building, 501 N Adams St, Wellsburg, IA 50680Date of Auction: Tuesday, March 11th, 2025, 10:00 AMTract 1: 70 +/- Acres of High-Quality FarmlandLocation: 6.51 miles northeast of Wellsburg, IALegal Description: Sec 2-88N-17W | Parcel ID (881702100002)Tract 1 consists of 70 +/- acres of productive farmland, with 69.35 +/- tillable acres and a strong CSR2 rating of 93.2. The high soil quality makes this land well-suited for crop production and a valuable addition to any farming operation or investment portfolio.Investment Details:Open for the 2025 season, allowing immediate farming opportunities for the new owner.Estimated annual taxes: $3,118.FSA Farmland Acres: 141.21 (combined with Tract 2).Corn Base: 84.60 acres (combined with Tract 2) | PLC Yield: 183.Soybean Base: 51.50 acres (combined with Tract 2) | PLC Yield: 49.With its top-tier soil quality and open tenancy, this property offers strong production potential and a solid return on investment.Tract 2: 74 +/- Acres with Cell Tower IncomeLocation: 7.18 miles northeast of Wellsburg, IALegal Description: Sec 2-88N-17W | Parcel ID (881702200001)Tract 2 features 74 +/- acres of farmland, with 68.06 +/- tillable acres and a CSR2 rating of 89.9. This farm is open for the 2025 season, allowing the buyer to take immediate possession and farm or lease the land.Additional Income Opportunity:This property includes a cell tower lease with New Cingular Wireless PCS, generating $7,200 annually until April 2031.Investment Details:Estimated annual taxes: $3,054.FSA Farmland Acres: 141.21 (combined with Tract 1).Corn Base: 84.60 acres (combined with Tract 1) | PLC Yield: 183.Soybean Base: 51.50 acres (combined with Tract 1) | PLC Yield: 49.This tract combines strong soil quality with additional passive income, making it an attractive option for both investors and farmers.Tract 3: 70 +/- Acres of Premium FarmlandLocation: 3.85 miles northeast of Wellsburg, IALegal Description: Sec 5-88N-17W | Parcel ID (881705100001)Tract 3 is a 70 +/- acre farm with 65.23 +/- tillable acres and the highest CSR2 rating of all three tracts at 93.7. This land is open for the 2025 season, providing immediate farming opportunities for the new owner.Investment Details:Estimated annual taxes: $2,576.FSA Farmland Acres: 67.41.Corn Base: 37.20 acres | PLC Yield: 190.Soybean Base: 29.30 acres | PLC Yield: 50.With high-quality soil and open tenancy, this farm offers excellent yield potential and is well-positioned for long-term agricultural success.