235th Street, Promise City, Iowa 52583

IA, Promise City
$1,035,000
  • 180 Acre
  • Farm Property Type
  • Active Status
Property Description
Income-Producing Recreational Property in Wayne County, Iowa If privacy and seclusion are your top priorities, this 180-acre m/l property in Wayne County is exactly what you’re looking for. Situated northeast of Promise City, this unique parcel is accessible through private easement off 235th Street. It’s also conveniently located just southwest of Rathbun Lake, Iowa’s second-largest lake, spanning 11,000 acres and offering year-round recreation including fishing, boating, swimming, hiking, and camping. The owner has enrolled 143.42 acres into income-generating conservation programs: 76.10 acres enrolled in the Conservation Reserve Program (CP38E-25) through 2035, generating $11,415 annually ($150/acre) 67.32 acres enrolled in the Marginal Pastureland Riparian Buffer (CP22) through 2031, providing $5,332 annually ($79.20/acre) Together, these contracts yield a total annual income of $16,747. The remaining 24 acres m/l are currently used for hay production and strategically placed food plots, enhancing the property’s appeal to wildlife. Carls Creek flows through the property, and established crossings provide easy access across the entire farm. The combination of food, cover, and water creates an ideal habitat for deer, turkey, and upland game birds, making it a hunter’s paradise. Hunting rights will be available for the 2025 season. Improvements:Tile, ponds, food plots, creek crossings, good fencing Visit our website for more information.
Basic Details
  • Property Type: Farm
  • Listing Type: For Sale
  • Listing ID: 6327798
  • Price: $1,035,000
  • Lot Area: 180 Acre
  • Status: Active
  • Office Name: Peoples Company
Farm Details
  • Tillable Acres: 143.42
Features
  • Architectural Style Other
Address Map
  • Country US
  • State IA
  • County Wayne
  • City Promise City
  • Zipcode 52583
  • Street: 235th
  • Street Suffix: Street
  • Longitude: W94° 51' 53.5''
  • Latitude: N40° 45' 33.2''
  • Directions: From Promise City, Iowa: Head east out of town on Highway 2 for 1.2 miles. Turn left onto 235th Street and travel north for 1 mile. The property will be on the west side of the road. Take the easement access lane west to the property. Please look for Company signage.
  • Zoning: Agriculture
Additional Information
  • Possible Use: Recreational
  • Previous Price: 1035000
Financial
  • Tax Annual Amount: 2774
Map
Contact Agent
AJ Brown
A.J. Brown
Land & Farm Realtor
Phone: 641-680-9944
Fax: 641-664-3520

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