Property Info

Description

Peoples Company is pleased to be marketing 58.45 acres m/l of highly productive Scott County farmland located in the path of development and incorporated in the Eldridge City Limits. The location along paved S. Buttermilk Rd / 155th Ave and proximity to Interstate 80 support strong potential development for the property. A possible future expansion west for Blackhawk Trail is being discussed that would bring utilities and infrastructure closer to the property from the east. Utilities including but not limited to Sanitary Sewer, Storm Sewer, and City Water that could be extended. 

Current and future land uses will include Commercial and Industrial. The City of Eldridge and Davenport have seen recent growth through several industrial development projects including the Sterilite (World's largest manufacturer of plastic housewares) and Kraft Heinz (The fifth-largest food and beverage company in the world) located directly to the south of the property. 

Farm is 100% tillable carrying a CSR2 of 93.2. Primary soil types include Garwin Silty Clay Loam, Muscatine Silty Clay Loam, and Tama Silt Loam. Property is located southwest of Eldridge in Section 27 of Sheridan Township. 

Legal Description

58.45 acres m/l located entirely in Section Twenty-Seven (27), Township Seventy-Nine (79) North, Range Three (3), East of the 5th P.M., Scott County, Iowa. Contact agent for full legal description.

Details

FSA Cropland Acres: 60.03
Oats: .20 Base Acres with a PLC Yield of 61
Corn: 40.70 Base Acres with a PLC Yield of 184
Soybeans: 18 Base Acres with a PLC Yield of 56
Farm is enrolled in ARC-CO. 

Directions

From Interstate 80 (Exit 295B): Travel north on US-61 N toward Eldridge / Dewitt for .8 miles until reaching Exit 124. Take Exit 124 toward Airport / Mounty Joy merging onto 210th Street / E. 90th Street for .5 miles until N. Harrison Street. Turn right (north) onto N. Harrison Street for .6 miles until Slopertown Road. Turn left (west) onto Slopertown Road for 1 mile until 155th Avenue / S. Buttermilk Road. Turn right (north) onto 155th Avenue / S. Buttermilk Road for .5 miles and the property will be located on the left (west) side of the road. Look for sign.  

• Sign On Property: Yes
• MLS Number: 567484
• Parcel Number: 932703006, 932701003
• School District: North Scott Schools
• General Area: Southwest of Eldridge, Iowa
• Net Taxes: $1,696.00
• CSR2: 93.00
• Possession: At Closing, Subject To Tenant's Rights
• Terms: Cash, Conventional

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