$9,525 per acre in North-Central Iowa

July 8, 2016 09:39 AM

A 647-acre farm in Wright County, Iowa, recently sold for $9,525 per acre or $9,745 per tillable acre. The listing, located east of Belmond, featured 630 tillable acres with a cropland CSR2 of 80.7. The county average cropland CSR2 is 82.2. The offering included two ranch houses plus some grain bins and machine sheds. The investor buyer assumed the 2016 cash rent.

Handling the listing was John Kirkpatrick, Murray Wise Associates, LLC, Clarion, Iowa, 515-532-2878.