Located just southeast of Blakesburg in Wapello County, Iowa, this 120-acre combination farm offers strong agricultural income, excellent whitetail hunting opportunities, and potential for a secluded country homesite. Tucked away down a long private lane with limited road exposure, the property provides privacy, productive farmland, and quality wildlife habitat in a desirable Southern Iowa setting.
The farm features 87.75 total FSA acres, including 37.56 acres enrolled in two CRP contracts. The first consists of 19.92 acres paying $151.23 per acre and expiring in 2030, generating approximately $3,012.50 annually. The second includes 17.64 acres paying $189.76 per acre and expiring in 2032, generating approximately $3,347.36 annually.
An additional 9.33 acres are enrolled in a separate CRP contract paying $196.15 per acre and expiring in 2036, generating approximately $1,830 annually. The new owner will be responsible for reseeding these acres to maintain CRP compliance or may pursue the option to terminate the contract, subject to FSA approval and program requirements, to return the ground to tillable production.
In addition to the reported $8,189.86 in annual CRP income, approximately 50 acres of row crop are open for the 2027 growing season, offering potential cash-rent income of $11,250 annually at an estimated $225 per acre. Combined, the farm offers potential annual income of $19,439.86. The tillable acres carry an average CSR2 rating of approximately 52, making the ground well suited for row crops, alfalfa, or other agricultural uses.
Beyond the income potential, this property offers outstanding recreational value. Timber, wooded draws, creeks, and natural travel corridors provide excellent food, cover, and water sources for wildlife. The combination of CRP grasslands, productive farmland, and secluded timber creates quality bedding and feeding opportunities for whitetail deer. Whether you're expanding your land portfolio, looking for a productive Southern Iowa hunting farm, or considering a private country homesite, this 120-acre Wapello County property offers an appealing combination of income, recreation, and long-term land ownership potential.
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Directions:
From Blakesburg, head south out of town on T61 / Monroe-Wapello Road. Turn east onto 40th Street and continue approximately 0.72 miles until 40th Street turns into Adams Road. Continue on Adams Road for approximately 0.72 miles, then follow the local road connection toward 32nd Street. Continue to 0000 32nd Street. Look for the real estate signs near the property.