Peltz

A RARE FIND! A 90 CSR2 farm in the heart of Iowa’s corn-growing region is hard to come by. This farm presents an amazing opportunity to secure prime farmland. Located on hard-surface county roads (Florida Avenue & County Road C44), deep, dark, and fertile soil can raise some of the best crops in the area. It would make an excellent addition for an existing farming operation, or it would be a smart investment for a buyer to add to a diversified portfolio.

Farm Information:
FSA Farm/Tract Number 1232/1452
Total Gross Acres 75.08±
Net Taxable Acres 71.94±
FSA Certified Acres 72.11±
Annual Real Estate Taxes ($46.48 per taxable acre) $3,344
Corn Suitability Rating 2 (CSR2) 90
No Highly Erodible Land
No Conservation Reserve Program (CRP) Acres

Method and Terms of Sale: Exclusively listed property. Interested buyers should contact Isaac Larson (515-227-1536) or Brent Larson (515-571-3704) with Sunderman Farm Management Co. to submit offers. Property is offered "As-Is, Where-Is" with no warranties or guarantees, expressed or implied, made by the seller or their agent. Sale is subject to all easements, covenants, and restrictions of record. Buyers should consult with the applicable professionals of their choice and complete all research and inspections prior to making an offer. A standard purchase agreement with no contingencies will be signed and buyer will provide earnest money in the amount of ten percent (10%) of the total sales consideration. Balance due via wire transfer at closing with delivery of a warranty deed and abstract showing merchantable title. Real estate taxes prorated to date of closing.

Asking Price: $1,020,000.00, or $13,600 per acre on 75.00± acres.

Approximate Legal Description: 75.08± acres as part of W1/2 SW1/4, except building site, of Section 1-T91N-R30W of the 5th P.M., (Weaver Township) Humboldt County, Iowa. Exact legal description will come from the abstract of title.

General Location: 5 miles west of Humboldt, Iowa along 230th Street (County Road C44), at the northeast quadrant of the intersection of 230th Street and Florida Ave, also known as the “Unique Corner.”

Rental Status: Current farm lease is terminated effective March 1, 2027. Landlord’s possession will be provided to the buyer at closing. Seller reserves 100% of the 2026 farm income.