Diverse Farm on Pavement

 

 

This highly diverse property has it all: pasture, row crop, hay ground, timber, a pond, and paved frontage. If you’re looking for an all around property that provides an annual return on your investment, as well as future appreciation, this is certainly one to consider. The recreational aspects and building opportunities are fantastic as well. This property is 205.9+/- gross acres, including 106.86 FSA acres at 54.7 CSR2. Of the 106.86, 47 acres are currently row crop, and hold a 58 CSR2. The 2021 lease pays $200/acre. The remaining acres are hay (approx. 40 ac) and pasture (approx. 70 ac). The hay/pasture rent is $20,000 for 2021. Total cash rent for 2021 is: $29,400 and all farming rights are open for 2022. Water and natural gas are available along Hwy 5, and a scenic building location is just off the pavement. Whether looking for a great income producing property, a future building site, or weekend hunting retreat, be sure to look further into this tract. Contact Keith Davis for your showing today! (641) 891-0413

 

Directions:

South of Knoxville on Hwy 5, Property is on the east side of highway with limited frontage . Nearest posted address is 1942 Hwy 5 Knoxville