Property Description
32 Acres with 7-Acre Pond, Tillable Income & Building Potential | Keokuk County, Iowa
Located just outside of Ollie in Keokuk County, Iowa, this 32-acre property offers an excellent combination of recreational opportunities, productive farmland, and rural building potential. Whether you're looking for a country homesite overlooking a large pond, an income-producing land investment, or a private recreational getaway, this versatile acreage deserves a closer look.
One of the property's standout features is the impressive 7-acre pond, offering opportunities for fishing, outdoor recreation, and enjoying the peaceful Iowa countryside. Ponds of this size are increasingly difficult to find, especially when paired with productive tillable ground and an attractive potential building location. With utilities available, buyers have the opportunity to create a rural homesite overlooking the water.
Approximately 18 acres are tillable, with an average CSR2 rating of 62. The farmland has been extensively improved with tile drainage and terraces to enhance drainage and agricultural productivity. These improvements may also provide potential tax advantages through applicable depreciation or deductions, depending on the buyer's individual tax situation.
For buyers interested in agricultural income, the seller is willing to cash rent the tillable acreage or provide open farming rights for the 2027 crop season. This flexibility allows the next owner to pursue rental income, operate the farmland, or establish their own management plan. With a large pond, productive farmland, and building potential, this Keokuk County property offers multiple ways to enjoy and benefit from land ownership.
Property details
- 32 acres m/l in Keokuk County, Iowa
- Located just outside Ollie, Iowa
- Approximately 18 tillable acres
- Average CSR2 rating of 62
- Impressive 7-acre recreational pond
- Extensive tile drainage and terrace improvements
- Utilities available for potential building
- Excellent potential homesite overlooking the pond
- 2027 farming rights available
Income and return potential
- Approximately 18 acres of productive tillable farmland
- Average CSR2 rating of 62
- Seller willing to cash rent the tillable acreage
- Option for open farming rights for the 2027 crop season
- Tile drainage and terraces support agricultural productivity
- Potential tax advantages from existing farmland improvements, subject to buyer verification
- Cash rental terms and potential annual income to be verified
Key features
- 32 acres m/l near Ollie in Keokuk County, Iowa
- Beautiful 7-acre pond offering fishing and recreation
- Approximately 18 tillable acres with income potential
- Average CSR2 rating of 62
- Extensively tiled farmland for improved drainage
- Established terraces supporting agricultural productivity
- Seller willing to cash rent tillable acreage
- Open farming rights available for the 2027 crop season
- Excellent potential building site overlooking the pond
- Utilities available for future building plans
- Opportunities for fishing and outdoor recreation
- Combination of farmland investment and recreational acreage
- Potential rural homesite with scenic water views
- Convenient location just outside Ollie, Iowa
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Directions:
From Ollie, Iowa, head west on 320th Street for approximately 2.5 miles. Turn left (south) onto 240th Avenue and continue approximately 1.5 miles to Highway 78. The property is located on the west side of 240th Avenue, near the intersection with Highway 78. Watch for LandGuys signage.
