State Hwy 44/Viceroy Trail
Panora, IA 50216

Guthrie County, Iowa Land Auction - Mark your calendar for Tuesday, February 15th, 2022 at 10:00 AM! Peoples Company is pleased to be representing WDM Farms LLC in the sale of 151.64 total acres m/l located on State Highway 44 east of Panora, Iowa. The combination of high-quality Guthrie County, Iowa farmland combined with approximately 600 feet of prime roadside frontage along State Highway 44 makes for a rare opportunity to purchase land in a tightly held area! The farm contains an estimated 115.96 FSA tillable acres carrying a CSR2 Rating of 69.9 with the primary soil types of Shelby clay loam and Nicollet loam. The farm is leased for the 2022 cropping season and has been operated by a reputable local farm tenant. This farm would make for a great add-on to an existing farming operation or a smart investment for the Buyer looking to diversify their portfolio. There are several grain marketing options located nearby including the POET ethanol plant in Menlo and several competing grain elevators. While this property is located just outside the eastern city limits of Panora, the northwest corner of this property is immediately adjacent to the current city limits and could potentially be annexed for future developmental opportunities. According to the 2016 Iowa DOT Traffic Survey, 3,440 cars pass by this property on State Highway 44 daily. City utilities within the area include a 2" waterline located south of State Highway 44 along the northern property boundary, approximately 1,150 feet of 3/4" waterline located on the northeast corner of the property, two branches of sewer located approximately 300 feet directly west of the property, and electric service through Panora Municipal (Please refer to the Utilities Map). Please contact the City of Panora for additional information on the available capacity to service this property. Please contact the Agent for a developmental concept of the property. There is also an abundance of recreational opportunities associated with the southern half of this property - ranging from a mature stand of diverse hardwoods surrounding Bay Branch creek, a tributary of the Middle Raccoon River, to a one-acre pond located in the center of the property, and the Raccoon River Valley Trail is located along the southern property boundary. This recreational trail spans over 89 miles, is built on former railroad right-of-ways connecting Dallas, Greene, and Guthrie Counties, and is mostly flat with only 1 to 2% change in elevation. The farmland will be offered as a single tract through a live in-person auction as well as a virtual live online auction option. The auction will take place at 10:00 AM at the Panora Community Center, 115 W. Main Street, Panora, Iowa 50216. This property offers prime farming, recreational, and excellent building site opportunities on a hard surface road.