29567 Us Hwy 69, Iowa

Description

This is an excellent tract of land located 1.5 miles north of Huxley and four miles south of Ames on the west side of Hwy 69. This is mostly excellent cropland with two homes and older outbuildings in a commercial zoned area. There is 129.67 net taxable acres and is located in the unincorporated previous town site of Midvale, which is the reason for part of the land having commercial zoning. The cropland is approximately 126.33 tillable net acres with an 87.2 CSR2. The property has county tile running from the NE corner heading west. There are no records lateral tile lines. The land is rented for 2025 but the lease will be canceled for the 2026 crop year. There are two older homes plus other outbuildings on 3.34 acres at the highway entrance. This area plus another approximate 12.5 acres is zoned commercial by Story County. This increases the options for the use of this area. There is electric and rural water to the property. The homes have been previously rented. The south home is vacant and the north one’s lease is canceled with the tenant to be moved out by 6/1/25. The land is ideal for the farmer or investor who desires excellent quality land in a good location. There is additional income with the homes and preferential commercial zoning that could add significant value now and in the future. Gross: 127.81 Acres m/l Net: 129.67 Acres m/l FSA Cropland: 129.44 Acres m/l STR: 11-82N-24W CSR: 87.2 Taxes: $6,906 m/l Township: Palestine

Directions: From Cambridge go north on R-70 three miles and the land is at the SE corner of R-70 and 280th Street. From Ames take Hwy 30 east then got south on R-70 to the SE corner of R-70 and 280th Street.