Agricultural

Lucas, IA Agricultural Land / Farmland for Sale

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Derby, IA Woodburn, IA Osceola, IA Chariton, IA Weldon, IA Humeston, IA Lacona, IA New Virginia, IA
Multi-Tract Farm with Creek Frontage
Updated: Jul 16
Multi-Tract Farm with Creek Frontage

56902 120th Ave, Lucas, IA 50151

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224.75 AC lot
224.75 +/- acres offered across three farm tracts
Tract 1 includes 73.23 acres of tillable land with a 59.6 CSR2 rating
Tract 2 offers 58.8 +/- acres of fenced pasture and recreational land
Tract 3 contains 58.2 +/- acres with cattle fencing and multiple building sites
Otter Creek crosses Tract 1 and borders the southern edge of Tract 3
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35 Acres Near State Forest
Updated: Dec 16, 2022
35 Acres Near State Forest

12600 Blk US Hwy 34, Lucas, IA 50151

$275,000
35.70 AC lot
30+ acres of land adjacent to Stephens State Forest.
Ideal for hunting and outdoor recreation.
Mix of timber and tillable land with year‑round views.
Rural water and electric available at the road.
Natural spring running through the property.
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Multi-Tract Iowa Farm with Creek
Multi-Tract Iowa Farm with Creek

56902 120th Ave, Lucas, IA 50151

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Three fenced tracts include productive row-crop acres, pasture, ponds, and Otter Creek with multiple access points.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Lucas, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Pasture and Timber Farm
Pasture and Timber Farm

170th Avenue, Chariton, IA 50049

$847,000
153.00 AC lot

Southern Iowa farm combining pasture, timber, creek-bottom terrain, and tillable acreage for agricultural and recreational use.

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Fenced Farmstead With Cabin
Fenced Farmstead With Cabin

46084 180th Ave, Chariton, IA 50049

$429,000

Perimeter fencing, rural water, and agricultural improvements support hobby-farm, equestrian, and country-living uses.

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Farmland with CRP Acreage
Farmland with CRP Acreage

G76 Highway, Lacona, IA 50139

$597,618

Versatile agricultural tract with cropland, conservation acreage, paved access, wooded draws, and rural building-site potential.

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Tillable Agricultural Land
Tillable Agricultural Land

00 580th St, Lacona, IA 50139

$470,000

Productive farmland with a country homesite area and creek frontage supporting agricultural and recreational use.

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Lucas, IA Agricultural Land / Farmland Market Trends and Statistics

Explore 3 agricultural land / farmland for sale in Lucas, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,345,202 square feet of properties for sale, with an estimated market value of $275,000.

Sale prices for farmlands in Lucas, IA average $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 695
Population Growth (5Y) +19.2%
Median Household Income $87,548
College Educated 17.8%

High-Yield Neighborhoods for Investment

Identify Lucas submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50151 $275K

Taxes & Financing

Tax Rate (average for all types) 1.64%
Property Tax per SF $18.29 per SF
Tax Rate vs County Average 1.08 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lucas County

Residential Income

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