For Sale: Joice MLS# 7097782
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Property Description
This auction will be held on August 26th, 2026 at 3PM. The land will be offered in two different tracts or the whole farm option.
Rarely does an opportunity arise to acquire a large, highly productive tract of North Iowa farmland that combines premium soils, strong farm income, wind energy revenue, excellent accessibility, and long-term investment potential. This exceptional offering consists of 180.65 +/- deeded acres located in a highly regarded farming area Northeast of Joice, Iowa and Southeast of Lake Mills, Iowa. The property includes approximately 170.09 +/- tillable acres, providing a substantial amount of highly productive cropland suitable for today's modern farming operations. With a weighted average CSR2 of approximately 80.5, this farm ranks among the area's high-quality agricultural assets. The predominant soil types are Clarion loam and Webster-Nicollet complex, both well-known throughout Iowa for their fertility, productivity, and ability to consistently produce strong yields. In addition to its outstanding crop-producing capabilities, the farm offers diversified income through three wind turbines, generating annual wind lease payments and providing an attractive supplemental revenue stream. Combined with crop income, the property has historically generated approximately $56, 296.00 in annual farm income, creating a compelling investment opportunity for both operators and absentee landowners. The farm includes approximately 3.7 +/- acres enrolled into CRP. Of those acres, approximately 2.6 +/- acres are enrolled through September 30, 2027, and 1.1 +/- acres remain enrolled through September 30, 2029, providing additional conservation income while maintaining the property's overall productivity. Drain tile improvements are in place throughout the farm, supporting efficient water management and helping maximize crop performance. The property's layout has been designed for efficiency, featuring large field configurations, multiple access points, and the added benefit of established wind turbine roads that provide excellent access for farm equipment. These features contribute to streamlined planting, spraying, and harvesting operations while minimizing time and operational costs. The farm is currently subject to crop leases for the 2026 growing season, allowing buyers to receive income immediately upon ownership. Beginning with the 2027 crop year, the property will be open for owner operation, offering flexibility for farmers looking to expand their operations or investors seeking future leasing opportunities. Beyond its agricultural productivity, this fertile farmland may qualify for significant Section 180 nutrient application deductions, creating additional tax planning advantages for qualified buyers and operators. Situated in a strong agricultural region with excellent access to local grain markets and farming infrastructure, this property represents a unique opportunity to acquire a large-scale tract of premium Iowa farmland with proven income history, excellent soils, and long-term appreciation potential. This is an outstanding opportunity to acquire a large, contiguous, income-producing Iowa farm that offers the rare combination of superior soils, strong historical income, renewable energy revenue, operational efficiency, and long-term investment value. For additional information regarding wind lease agreements and annual income, please contact the auction manager.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1
Property Type:
Lot/Land
City:
Joice
County:
Worth
State:
IA
Property Style:
Lot/Land
Zip Code:
50446
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
180.65
Geolocation:
43.377214, -93.420993
Inclusions:
None
Lot Dimensions:
1286 ft x 1279 ft x 1306 ft x 1279 ft x 1073 ft x 2619 ft x 3651 ft x 873 ft x 533 ft x 344 ft x 523
Addl Parcels:
0522400001, 0523300001, 0523300004, 0522400003
Restrictions:
Not Buildable
Zoning:
Agriculture
Farm
Topography:
Gently Rolling
Schools
School District:
IA3420
District Phone:
6415920881
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,864
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,864
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Raw Land
Improvements:
None
Available Utilities:
- None Available
- None Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of LandProz Real Estate, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.