Hickory Avenue, Adair, IA 50002 - Guthrie County

76.5 Acres Grant Township, Guthrie County, Iowa

Located just 6 miles northeast of Adair, Iowa in Grant Township, this 76.5-acre farm offers a great opportunity to own quality row crop land in Southwestern Guthrie County. Situated only 1/4 mile south of Highway F63 on Hickory Avenue, the farm features excellent access with over 700 feet of gravel road frontage for convenient access and rolling topography typical of the area.

This tract includes 76.67 farmland acres with 71.56 cropland acres carrying a CSR2 of 59closely aligned with the county average. The farm has been in a corn-soybean rotation and is scheduled to be planted to soybeans in 2025. Soil types include Sharpsburg silty clay loam, Colo silt loam, Shelby clay loam, Shelby-Adair clay loams, and Colo-Judson silty clay loamswell-regarded soils in this region.

The farm is currently leased for the 2025 crop season with a cash rent agreement in place generating $12,000 annually. Additionally, 3.5 acres are enrolled in the CRP program through September 30, 2025, providing $313.88 annually. This equates to a total 2025 income of $12,313.88.

Annual property taxes are $1,720 bringing the net annual return to $10,593.88 for 2025.

According to the Iowa State University 2024 Cash Rent Survey, average cash rents in Guthrie County range from $216 to $263 per acre for this quality of land, offering potential for increased rental income of upwards of 20% once the lease expiresespecially for owner-operators or investors looking to renegotiate terms in 2026.

With good fencing already in place and rolling terrain, this farm could also be well-suited for diversified uses including hay production or rotational grazing.

Property Highlights:

-Total Acres: 76.5

-Farmland Acres: 76.67

-Cropland Acres: 71.56

-CSR2: 59

-Soils: Sharpsburg, Colo, Shelby, Shelby-Adair, Colo-Judson

-Cash Rent (2025): $12,000

-CRP Income (thru 9/30/25): $313.88

-Total 2025 Income: $12,313.88

-2024-2025 Taxes: $1,720

-Net ROI (2025): 1.65%

-Lease Status: Open for 2026

-Gravel Road Frontage: 700+ ft on Hickory Ave

-Topography: Rolling

-Fencing: Good condition

-List Price: $631,125 ($8,250/acre)

This is a well-rounded, income-producing farm with great long-term upside. Whether youre a local producer looking to expand or an investor seeking stable returns with future flexibility, this Guthrie County farm deserves a close look.