Ringgold County, Iowa Land for Sale | 1110.9 ± Acres | Investment Opportunity

$11,670,080
Available
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Property Details

ID: 97128
Status: Available
Price: $11,670,080
Acres: 1,110.9
Price Per Acre: $10,505
Type: Farms, Hunting Land, Ranches, Recreational Land, Lakefront, Horse Property, Business Opportunity
Address: 2416 County Hwy P27
City, State: Mount Ayr, Iowa
County: Ringgold
Zip Code: 50835

Description

Ringgold County, Iowa Land for Sale | 1,110.9± Acres of Scale, Income & Built-In Infrastructure

Opportunities of this size in Ringgold County do not come along often. This 1,110.9± acre holding is built for buyers seeking immediate income, operational efficiency, and long-term optionality-whether expanding an existing operation, placing capital into quality ag assets, or assembling a multi-use farm that blends production and recreation.

At the core of the offering are 925 leased acres and 867.3 FSA cropland acres, creating a strong income-producing foundation. Tile improvements extend across most tracts, helping reduce wet spots and improve overall farmability. Livestock infrastructure is also already in place, featuring 825 lineal feet of feed bunks across 5 separate lots, with an established tenant interested in continuing under a 5-year term-adding another meaningful income stream with improvements that would be costly and difficult to duplicate today.

Grain handling is a major differentiator here. The farm includes approximately 223,000 bushels of grain storage with a modern setup installed roughly two years ago, along with a dryer-providing harvest flexibility and strong marketing advantages. Beyond the productive acres, the property also offers 165.17± acres of timber and hunting cover with multiple ponds, creating added recreational appeal and quality wildlife habitat. Offered as a whole or available by tract, this is a rare combination of scale, multiple income streams, and built-in improvements-ready to perform from day one.

Investment & Income Drivers

  • Appraised at $13,247,000
  • 1,110.9± total acres offered as a whole or available to buy separately by tract
  • 925 leased acres
  • 867.3 FSA cropland acres
  • Tile improvements across most tracts to enhance usability and reduce wet areas
  • 825 lineal feet of feed bunks with 5 separate lots plus an established renter interested in a 5-year term
  • Approximately 223,000 bushels of grain storage with a grain setup around 2 years old
  • Dryer included
  • Grain bin package on Tract 2: (3) 65,000 bu bins + (1) 28,000 bu bin (income-producing)

Tract Highlights (Quick Snapshot)

  • Tracts 1, 2, 4, 5, and 7: predominantly tillable, production-focused acreage
  • Tract 3: includes a house and shop with 34± acres-ideal for an operation base or acreage buyer
  • Tract 7: strong crop and hunting mix
  • Tract 8: includes lifetime easement access on the south end

Directions:

From Mount Ayr, Head West 6.5 miles on Hwy 2. Then Turn left and head south on county road P27 for 1 mile. The farm is located on both sides of the road. 

Showing Instructions:

Call to Visit the Cattle Facility (By Appointment only)

Lockbox and or appoint for showing the House and Tract 3

Feel Free to take a self guided tour of the land with a drive by or look to our map for a virtual tour. 

Additional Details

Home Details

Sq Ft: 1376
Beds: 3
Full Baths: 2
Year Built: 1900
Stories: 1.5
Architecture Style: Farmhouse
Foundation: Block
Exterior Materials: Lap Siding
Roof: Asphalt
Basement: Concrete
Appliances: Convection Oven, Dryer, Free-Standing Refrigerator, Microwave, Washer
Flooring: Carpet, Laminate
Water Source: Public
Cooling: Central Air
Heating: Forced Air

Additional Info

School District: Mount Ayr Community School District
Utilities: Electricity Available, Phone Available, Water Available
Wildlife: Pheasants, Turkey, Whitetail Deer
Recreation: Hunting
Fencing: Pipe
Road Type: Asphalt, Gravel
Road Frontage: County Road
Horse Amenities: Corral(s), Hay Storage
Current Use: Agricultural, Cattle, Investment, Livestock, Row Crops
Possible Use: Agricultural, Cattle, Farm, Hunting, Investment, Livestock, Ranch, Recreational, Row Crops

Financial

Listing Terms: 1031 Exchange, Conventional, USDA Loan
Taxes (annually): $23,214
Tax Year: 2025
Legal Description:

Tracts 1,2,3,4,5,6 Are all located in Section 13 and 14, Twp 68, Range 31 W

Tract 7 is located in Section 1, Twp 67, Range 31 W

Tract 8 is located in Section 29, Twp 68, Range 31 W

*Exact leagal to be taken from Survey and Abstract. 

David Whitaker
David Whitaker
BROKER | AUCTIONEER | OWNER

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David Whitaker
BROKER | AUCTIONEER | OWNER
Co Representative(s)
Kathy Loew
Whitaker Marketing Group - Auctions & Real Estate
Ann Whitaker
Whitaker Marketing Group - Auctions & Real Estate
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