County Road X61, Muscatine, IA 52761 - Louisa County

Louisa County, Iowa Farmland Auction Mark your calendars for Wednesday, December 4th, 2024! Peoples Company is pleased to represent R & L Farms Partnership, LP in the sale of 333.74 acres M/L in Louisa County, Iowa. The farm consists of three tracts of productive tillable farmland located between Muscatine and Wapello, Iowa in Sections 29/30/31/32 of Township 75 North and Section 6 in Township 74 North, all in Port Louisa Township, Louisa County, IA.

Tract 1: 122.67 acres m/l with an estimated 116.77 FSA cropland acres carrying an average CSR2 soil rating of 68.1

Tract 2: 79.39 acres m/l with an estimated 64.89 FSA cropland acres carrying an average CSR2 soil rating of 56.6

Tract 3: 131.68 acres m/l with an estimated 121.68 FSA cropland acres carrying an average CSR2 soil rating of 54.7 with irrigation pivots.

As a whole, the farms consist of 303.33 FSA cropland acres with prominent soil types consisting of Elrick Sand Loam, Coland Clay Loam, Zook Silty Clay, and Ambraw Loam. The tracts collectively boast an average CSR2 soil rating of 60.6. The FSA cropland acres are certified as NHEL (Non-Highly Erodible Land). These quality tracts would make great add-ons to an existing farming operation or a smart investment for the Buyer looking to diversify their portfolio. This is a rare opportunity to own a large quality portfolio of farmland tracts that are close in proximity. The location of these farms in northeast Louisa County offers easy access to multiple grain marketing options in the surrounding areas including grain processors and the Mississippi River grain market. These tracts also receive hog manure. See the attached manure management plan that is in place on these farms.

The three tracts will be offered on a price-per-acre basis using the Buyers Choice Auction Method, where the high bidder can take, in any order, any or all tracts for their high bid. The Public Auction will be held on Wednesday, December 4th, 2024, at 10:00 AM CST at the Fruitland Community Center located at 104 Sand Run Rd, Fruitland, IA 52749. The sale can also be viewed through a Virtual Online Auction option with online bidding available. Do not miss your chance at owning these farms.

The farm lease has been terminated and is open for the 2025 crop season.

Details

Manure Management Agreement: Tracts 1-3 benefit from a manure easement with TriOak Foods. The manure is generated from the hog buildings located in the center of Tract 1 and between Tracts 2 and 3 on County Road X61, Muscatine, currently owned by Big Buck Farms, LLC. Contact Listing Agents for more details.