U S 69 New Virginia, IA 50210

Premium 322.15-Acre Grass & Livestock Farm with CRP Income, Building Sites & Recreation in New Virginia, Iowa

Peoples Company is pleased to present the George and Trudy Ernst Farm, a 322.15 acre m/l combination farm located on US Highway 69 on the Clarke/Warren County line. The property currently consists of premium, turn-key pastureland, top-tier livestock improvements, CRP, and excellent building sites along the highway. The chance to acquire a dependable grass farm that includes highly productive acres, recreation, and the opportunity to build a forever home within 30 minutes of Des Moines is second to none. The Seller is also open to selling the home and outbuildings in conjunction with the land offering.

Land

The farm consists of approximately 271.75 FSA cropland acres, of which an estimated 134.41 are currently enrolled in income generating CRP and carry a CSR2 of 52.8. The balance of cropland and overall acres includes premium pasture fenced off into 5 individual paddocks, great water sources via good ponds and creeks, hardwood draws including desirable walnut and oak trees, and premium building sites off of the new US Highway 69 blacktop overlooking the entire farm. The land also features various qualities that make it an excellent hunting and recreational farm. The whitetail population and genetics in this area are consistent with what makes Iowa whitetail hunting the best in the country.

The CRP acres include very productive land with mainly Grundy and Arispe silty clay loam soils that could be farmed in the future or used for feed production. There are multiple active CRP contracts generating $29,107 of annual income. A breakdown of all 4 CRP contracts is below:

- 61.78 acres, CP42 paying $14,424 annually ($233.47/acre) through 2027
- 34.08 acres, CP38E-2 paying $6,564 annually ($192.62/acre) through 2033
- 27.93 acres, CP42 paying $6,097 annually ($216.30/acre) through 2027
- 10.62 acres, CP38E-2 paying $2,022 annually ($190.39/acre) through 2033

Infrastructure

The farm features turn-key livestock working infrastructure. With excellent interior and perimeter fencing, this farm offers an excellent setup for grazing. 5 individual paddocks are fenced off with ample water to allow rotational grazing, guaranteeing improved forage production as well as improved animal and soil health. 3 ponds are fenced off and immaculate, featuring gravity flow watering on the back side of the dam. Excellent access is provided via convenient entrances, creek crossings, and property flow that is conducive to getting work done. Steeper areas of the farm include dry ponds to significantly decrease water flow after rainfall events to prevent erosion and preserve soil integrity. The property also features a fenced off 34' x 80' hay shed for storing hay, feed, and equipment.

Location and Access

The property is located on US Highway 69, just east of New Virginia, Iowa, and northeast of Osceola, Iowa on the Clarke/Warren County line. The property can be accessed via two entrances on the new highway blacktop along the northeast and northwest corners of the property. Excellent creek crossings and interior gravel/asphalt roads provide great access to all of the individual paddocks to easily rotate and work livestock.

The Ernst Farm encompasses everything that a tenured or newer livestock producer could ask for in a farm. This is a rare opportunity to acquire a desirable grass farm in a tightly held area that also checks the income, row crop, recreation, and building site boxes. Please contact one of the listing agents for more information or a private showing of this farm.

Improvements

- Excellent Fence
- 5 Individual Paddocks
- Ample Water
- Good Crossings
- Hay Shed
Reserved Items

All Owner and Tenant personal property is reserved.
About The Tenant

The farm is leased to an excellent local tenant who would have an interest in continuing to rent the farm. The lease will be terminated prior to September 1st, 2025. Full possession of the farm will be granted on March 1st, 2026, when the lease term has expired.