Open farm lease for 2026! Waste no time and start earning profit
immediately! Located just west of Gilmore City, Iowa, this farm is in the heartland of
Iowa with great productive potential for corn and soybean crops. The property
offers three separate parcels totaling 324.52± acres near local grain markets in
Gilmore City. With field locations on hard surface roads, along with 4 round steel
bins for storing grain, this farmland is an excellent addition for a local farmer or an
investor looking for diversification. Mineral rights vested in current ownership will be
conveyed along with the farmland, so the potential exists for future mineral income.
Parcel 2 includes a grain bin site with 4 actively used bins with a total storage
capacity of approximately 25,000 bushels. It also has a 30′ x 36′ Quonset shed for
additional equipment storage.
Parcel 3 boasts an outstanding CSR2 of 88.1 and is currently in hay
production as well as the conservation reserve program (CRP). The CRP contract
expires on September 30, 2026, allowing the opportunity for row crop production or
expanded forage opportunities in the 2027 growing season. This field would be an
excellent candidate for potential organic certification since it has been in a CRP
contract for nearly 10 years.
Asking Price $1,221,920.00 $11,200/acre
Est. Total Gross Acres 109.10±
Est. Net Taxable Acres 107.64±
Est. Tillable Acres (FSA Update Pending) 106.06±
Prior Year Real Estate Taxes per Tillable Acre $40.07
CSR2 on Tillable Acres 79.5
No Conservation Reserve Program (CRP) Acres
No Highly Erodible Land
0.3 Ac Farmable Wetland Along Western Boundary
Asking Price $1,680,800.00 $8,800/acre
Total Gross Acres 191.00±
Net Taxable Acres 173.07±
Est. Tillable Acres (FSA Update Pending) 168.87±
Prior Year Real Estate Taxes per Tillable Acre $25.72
CSR2 on Tillable Acres 68.5
No Conservation Reserve Program (CRP) Acres
No Highly Erodible Land or Wetlands
Asking Price $297,924.00 $12,200/acre
Total Gross Acres 24.42±
Net Taxable Acres 23.98±
Est. Tillable Acres (FSA Update Pending) 23.72±
Prior Year Real Estate Taxes per Tillable Acre $34.68
CSR2 on Tillable Acres 88.1
Conservation Reserve Program (CRP) Acres (Expires 9/30/2026, $7,381.00/year or $336.60/acre) 21.93
No Highly Erodible Land or Wetlands