Agricultural

Promise City, IA Agricultural Land / Farmland for Sale

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Seymour, IA Corydon, IA Mystic, IA Melrose, IA Allerton, IA Centerville, IA Moravia, IA Humeston, IA
Agricultural Farmland Tract
Updated: Jul 17
Agricultural Farmland Tract

Promise City, IA 52583

$1,482,000
192.00 AC lot
192 acres of agricultural land in Wayne County, Iowa
CSR2 soil rating of 47.2
Access along Highway Co Rd S56
Located in South Fork Township, just north of Promise City
Ag zoning
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Promise City, 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.

Agricultural Land
Agricultural Land

2939 205th St, Seymour, IA 52590

Contact for pricing
48,351,600 sqft

The farm is being offered in separate tracts, allowing buyers to select individual parcels or combine multiple properties.

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Agricultural Land Portfolio
Agricultural Land Portfolio

2939 205th Street, Seymour, IA 52590

Contact for pricing
1,110.31 AC lot

The farmland is divided into tracts that can be purchased separately or in combination.

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Farmland Tract Portfolio
Farmland Tract Portfolio

Idaho Road, Corydon, IA 50060

Contact for pricing
522.50 AC lot

Agricultural land offered in multiple tract sizes with tillable acreage and Ag zoning in Wayne County.

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Tillable Farmland Offered in Tracts
Tillable Farmland Offered in Tracts

County Road S40, Corydon, IA 50060

Contact for pricing
183.36 AC lot

Agricultural property comprises three productive tillable tracts with Ag zoning and established cropland acreage.

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Promise City, IA Agricultural Land / Farmland Market Trends and Statistics

Explore 1 agricultural land / farmland for sale in Promise City, IA on our real estate platform. These investment opportunities span a total of 8,363,520 square feet of properties for sale, with an estimated market value of $1,482,000.

Sale prices for farmlands in Promise City, IA average $1,482,000 — 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 391
Population Growth (5Y) +29.5%
Median Household Income $59,231
College Educated 18.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
52583 $1.5M

Taxes & Financing

Tax Rate (average for all types) 1.31%
Property Tax per SF $16.90 per SF
Tax Rate vs County Average 0.84 pp below county avg
Average Loan-to-Value 65.0%

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