TBD E Quarry Road, La Porte City, IA 50651 - Black Hawk County

High Point Land Company is honored to present this once in a lifetime offering of 1,082+/- acres in Black Hawk and Benton County, IA. Located in Cedar Township (Black Hawk & Benton County), this turn-key operation is 95% cropland with soil quality ratings as high as 82.5 CSR2, with an overall average CSR2 of 73 across all 1,031.17 FSA Certified Cropland acres. Wiota Silty Clay Loam and Sawmill Silty Clay Loam are among the most prevalent soil types across the cropland acres. Wide open fields, nearly mile long rows, and wide field drives greet large equipment and offer the ability to cover acres efficiently. This offering presents the opportunity to purchase 5 farms as a unit, with the majority of acres being within just 2 miles of each other.

The location of this operation is second-to-none with the majority of acres lying just five miles south of Waterloo, IA. This offering is teeming with the opportunity for future development as hundreds of acres lie directly off of Highway 218, between Waterloo and La Porte City, just South of Washburn. All acres are easily accessed and are in close proximity to multiple hard-surface roads including Highway 218, Dysart Rd, East Schrock Rd, & Miller Creek Rd. This provides quick and easy access to multiple grain markets in the area.

The improvements located on these properties add to its already enormous potential, and truly make this operation as tun-key as they come. Approximately 165,000 bushels of grain storage accompany this listing with approximately 130,000 bushels of storage accompanying the dryer set-up on Farm 4. Also on the main farm is 36x40 machine shed. Also, included with the offering is a 60x70 machine shed located on Farm 2 and a 40x60 machine shed with a 42x27 Grain Bin located on Farm 3, both with nice, concrete floors to satisfy all of your operations storage needs.

As an investment, this offering has the potential for a very favorable ROI. At conservative estimates of $300/acre Cash Rent, $.10/bu Grain Storage, $.30/SF Building Storage, this offering has a projected Gross Income of $327,656.

*Please note the dwelling & 48x99 Machine Shed located at 3415 E Quarry Rd, La Porte City, IA 50651 are NOT included in this offering.