Crabtree Farm- 111 +/- Acre Investment

111 +/- tillable acres being split off from a larger 168 +/- acre farm. The land boasts excellent cash rent returns, high yields, irrigation and long-term rent options. Ideal for an investor, this farm comes with a $400/ac cash rent in place for 2026 with options to extend. Full cash rent will be funded at closing. 
Investment Analysis (Estimated)Asking Price: $1,332,000 ($12,000/ac)$400/ac cash rent: $44,400 (111 acres)Drainage tax: $3,846 (+/-)Property tax: $2,500 (+/-)Net Income: $38,054 (+/-)Cap Rate: 2.9% (+/-)
Yield data shows an average corn harvest at 188-197 bu/ac.
A soil test was completed in April of '26 and is attached in the property documents section. There is an estimated Section 180 excess soil fertility deduction of over $1,400/ac.