0000 Hickory Avenue

Adair IA 50002

76.5 ac.

Land

Last sold for $605,000

Chris Wearmouth, last sold this property on 15 July 2025 after -232 days on market.

Overview

Don’t miss this solid, income-producing asset with long-term upside!! This 76.5-acre Guthrie County farm offering income, potential, and flexibility. With 76.67 farmland acres and 71.56 cropland acres, this rolling tract features quality soils (Sharpsburg, Colo, Shelby, and others) and a CSR2 of 59. Currently leased for 2025, the farm generates $12,000 in cash rent, plus $313.88 from 3.5 CRP acres enrolled through 9/30/25. Total 2025 gross income: $12,313.88. Property taxes are $1,720. Lease opens in 2026, offering income upside. According to Iowa State’s 2024 Cash Rent Survey, Guthrie County averages range from $216–$263/acre for mid quality farms, presenting an opportunity for increased income. The farm was planted to corn in 2024 and has been maintained in a corn/soybean rotation. Lime was applied in 2024. Great fencing on the North & East property lines, over 700 ft of gravel road frontage, and good access make this an attractive addition to any operation or investment portfolio. The current tenant is not offering a buyout for 2025.

Features

76.5 ac. lot size

Land

Estimated Value

We need at least 3 similar land plots sold in Adair over the last 12 months.

Property history for 0000 Hickory Avenue

2025

Sold

$605,000

15 Jul 2025 by Chris Wearmouth, of Kiloterra

Happy sellers in Adair

We have insufficient information to provide an overview of customer satisfaction for Adair. Viewing the agent profiles, reviews and sales for Adair can provide insights for this location.