High Point Land Company announced on Apr. 28 the availability of a 106.74-acre tract of agricultural land located within the city limits of Davenport, Iowa. The property is situated south of West High School, between Davenport and Blue Grass, in an area described as being in the path of the city’s expansion.
The land features a Crop Suitability Rating (CSR2) of 70.2 and includes Muscatine and Tama soils, established waterways, and believed drainage tile throughout. The company said the farm generates rental income while offering flexibility for future development timelines.
Being inside the city limits provides advantages such as proximity to utilities, annexation options, and infrastructure access that may not be available to properties outside metropolitan boundaries. High Point Land Company stated that these factors could give future projects a head start compared to similar parcels elsewhere.
The company also highlighted potential uses for the property as a vehicle for 1031 exchanges due to its size and location inside an established Iowa city with ongoing agricultural income opportunities.
Jacob Hart served as chief executive officer of High Point Land Company according to the official website. Hart began his real estate career with rental property acquisitions before advancing through roles at national auction firms, according to the official website. The company specialized in diverse land types including tillable farmland, hunting properties and ranches according to its official website.
High Point Land Company assisted families with agricultural legacies through succession planning and estate settlements according to its official website. The company featured an office at 513 West Bremer Avenue in Waverly, Iowa according to its official website, aiming to provide comprehensive services for buyers and sellers of farm, ranch and rural properties.
