Major Greene County, Iowa Farmland Auction - Mark your calendars for Thursday, September 25th, 2025 at 10 AM! Peoples Company is pleased to be representing the Rowles Family in the sale of their Greene County, Iowa farmland portfolio consisting of 646.29 acres m/l divided into seven tracts. The individual tract sizes range from 6.54 acres to 160 acres with CSR2 soil ratings between 69.5 and 87.7. These tracts are located northeast and southwest of Grand Junction, Iowa, in Sections 6, 25, 26, 27, 28, and 33 of Junction Township, Greene County, Iowa.
Tract 1: 49.76 acres m/l (to be surveyed) with approximately 46.98 FSA NHEL cropland acres and a CSR2 soil rating of 87.7
Tract 2: 114.42 acres m/l (to be surveyed) with approximately 114.10 FSA NHEL cropland acres and a CSR2 soil rating of 83
Tract 3: 160 acres m/l with 156.30 FSA NHEL cropland acres and a CSR2 soil rating of 69.5
Tract 4: 155.57 acres m/l with 147.94 FSA NHEL cropland acres and a CSR2 soil rating of 77.4
Tract 5: 80 acres m/l with 77.03 FSA NHEL cropland acres and a CSR2 soil rating of 73.6
Tract 6: 80 acres m/l with 75.40 FSA NHEL cropland acres and a CSR2 soil rating of 78
Tract 7: 6.54 acres m/l (to be surveyed) building site
The farmland tracts are in a strong agricultural community with several grain marketing outlets located nearby, including the Louis Dreyfus ethanol plant located within four miles of all the tracts. These highly tillable farms would make for great add-on tracts to an existing farming operation or an investment for the Buyer looking to diversify their portfolio or hedge inflation. The farmland is leased for the 2025 season. Farm lease terminations have been given and farming rights are available for the 2026 growing season.
Beaver Creek Wind Project
Tracts 3-6 are all enrolled in a Windpark Easement Agreement with Mid-American offering an additional income stream beyond commercial farming. Tract 3 has two turbines on the property, and Tract 6 has a single turbine on the property. Tracts 3 & 6 receive an annual payment for the wind turbine, as well as an annual payment on the underground collection wires and hardware, the land, and the road installed on the property. Tracts 4 & 5 receives an annual payment on the land only. The annual payment for the four tracts is scheduled to grow at 2% annually, and the Buyer/Winning Bidder will receive all future lease payments. Official payment information is being finalized. Contact the listing agent for more details. The Windpark Easement Agreement will be transferred with the farmland. All Windpark Easement Agreements will be assigned to the new Buyer(s) at closing. All 2025 income related to the Windpark Easements will be retained by the seller, and all future lease payments will be to the new Buyer(s). A report documenting certain details and proposed values of the remaining payments of the Wind Lease can be requested by contacting the listing agent, Matt Adams.
*Peoples Company does not warrant or guarantee any part of the Wind Lease Agreement and any interested potential buyer or bidder should be aware of any potential risks of the Wind Lease Agreement*
Summit Carbon Pipeline Easement
There is a Summit Carbon Pipeline Easement Agreement on Tract 3. The easement is 50 feet in width and permanent, with temporary construction easements in place as well. See Tract 3 for additional information.
Tracts 1-6 will be offered on a price-per-acre basis using the "Buyer's Choice" auction method, where the high bidder can take, in any order, any or all tracts for their high bid. Tract 7 will be offered on a "Whole Dollar Basis" after Tracts 1-6 have sold. The Public Auction will be held on Thursday, September 25th, 2025, at 10:00 AM CST at the Grand Junction Community Center - Lincoln Highway Room, 212 Main Street E, Grand Junction, Iowa 50107. This auction can also be viewed through a Virtual Online Auction option, and online bidding will be available. This land has been held within the family for decades - don't miss this opportunity to own Greene County, Iowa land that hasn't been available to the public for over 50 years!