Iowa
Wapello County
120± Acres
$780,000
Wapello Ia 120 Acres Land Sale Aerials 9
Wapello Ia 120 Acres Land Sale Aerial 1
Wapello Ia 120 Acres Land Sale Aerials 1

Wapello County, Iowa 120 Acres of Land for Sale

0000 32nd St, Blakesburg, IA 52536

Property Description

120 Acres of Income-Producing Farmland, CRP & Whitetail Hunting | Wapello County, Iowa

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.

Property details

  • 120 acres in Wapello County, Iowa
  • Located southeast of Blakesburg, Iowa
  • Approximately 50 acres of tillable farmland
  • 37.56 acres enrolled in two CRP contracts
  • Additional 9.33 acres under a separate CRP contract
  • 87.75 total FSA acres
  • Average tillable CSR2 rating of approximately 52
  • Long private access lane with limited road exposure
  • Timber, wooded draws, and creeks
  • Potential secluded country building site
  • Approximately 50 tillable acres open for the 2027 growing season

Income and return potential

  • 19.92 CRP acres x $151.23/acre = approximately $3,012.50 annually, expires 2030
  • 17.64 CRP acres x $189.76/acre = approximately $3,347.36 annually, expires 2032
  • 9.33 CRP acres x $196.15/acre = approximately $1,830 annually, expires 2036
  • Total reported annual CRP income: $8,189.86
  • 50 tillable acres x $225/acre estimated cash rent = $11,250 annually
  • Total potential annual income: $19,439.86
  • Tillable acreage open for the 2027 growing season
  • Separate 9.33-acre CRP contract requires reseeding for compliance or potential termination subject to FSA approval and program requirements
  • Income estimates and CRP contract details subject to verification

Key features

  • 120-acre Southern Iowa combination farm
  • Strong agricultural income and recreational potential
  • Approximately 50 acres of productive tillable ground
  • 37.56 acres enrolled in two income-producing CRP contracts
  • Additional 9.33-acre CRP contract with potential conversion to tillable production, subject to FSA approval
  • Potential annual income exceeding $19,000
  • Average tillable CSR2 rating of approximately 52
  • CRP contracts expiring in 2030, 2032, and 2036
  • Secluded location accessed by a long private lane
  • Limited road exposure offering privacy and reduced disturbance
  • Excellent Southern Iowa whitetail deer hunting potential
  • Timbered draws and natural wildlife travel corridors
  • Creeks providing natural water sources for wildlife
  • CRP grasslands offering bedding and wildlife cover
  • Potential private country homesite

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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.

Property Details

Status: New Listing
Price: $780,000
Acres: 120
Danny Fane
Iowa Managing Broker and REALTOR® Serving Southeast Iowa
Danny Fane
Licensed in IA

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