Dewey Road

Centerville, IA 52544

Income Producing Farm with CRP, Row Crop & Recreational Appeal – SE of Centerville. Located just 1.7 miles east of Hwy 5 and Walmart on the southeast side of Centerville, this 108-acre tract offers a strong mix of income, productive soils, and hunting potential in a proven area of Appanoose County. The farm includes 29.28 acres enrolled in CRP paying $4,316 annually through 2035 and an additional 15.42 acres paying $1,971 annually through 2027. There are 42 acres of cash rented crop ground generating $8,300 annually. Total annual income is $14,587. The open acres carry a 48 CSR2 average, with the crop acres averaging 55 CSR2, providing solid productivity for southern Iowa. The crop lease is in place for immediate return. The balance of the property consists of timber, draws, and natural drainage that create strong wildlife travel corridors. The established CRP adds bedding cover, and with a pond in place and two access points off a gravel road, the farm lays out well for both hunting and long-term investment. Utilities and rural water are available at the road, offering flexibility for future plans if desired. This is a well-balanced 108-acre tract that offers income today and flexibility moving forward. Whether you’re looking to add to an existing land portfolio or secure a southern Iowa farm with long-term potential, this one is worth a serious look.

Listing courtesy of Hawkeye Farm Mgmt & Real Estat



Listing information is provided by Participants of the Iowa Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Iowa Association of REALTORS MLS.
Data last updated at: 2026-03-22 12:53 PM UTC