Listing #18409 - 156.45 acres in Dallas County, IA

Peoples Company is proud to present 156.45 acres m/l located within the growing city limits of Adel, Iowa. Ideally positioned along the south side of Highway 6, this versatile property offers a rare combination of income-producing farmland, scenic recreational ground, and long-term development potential. The property features approximately 87.08 FSA cropland acres, with about 56.50 acres currently in crop production. Roughly 30 acres are leased as pasture, and the remaining acres consist of scenic recreational land along the Raccoon River-offering exceptional natural beauty, abundant wildlife habitat, and outdoor recreational opportunities. Currently zoned Agricultural, the property is included in the City of Adel's future land use plan, which outlines a mix of Community Commercial, Residential, and Open Space / Stream Corridor designations. Daily traffic counts along Highway 6 exceeds 10,000 vehicles (2024), enhancing visibility and access for future commercial or residential development. Additionally, the property lies adjacent to a sanitary sewer lift station and an 8" sewer main owned and maintained by the City of Adel and has a 16-inch water main running through the site -providing a significant advantage for future utility access and development. Additional improvements include a 65' x 45' steel storage building. The farm is currently leased through the 2025 crop season. The cell tower lease is for $910/month ($10,920 annually) and increases to $950/month ($11,400 annually) in August 2026 for an additional 5-year term. Under the cell tower lease, the lessee maintains a right of first refusal on the tower site and access drive. Contact the listing agent for more details.