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    Promise City, IA

    Promise City, IA Commercial Real Estate for Sale

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    Seymour, IA Corydon, IA Russell, IA Centerville, IA Melrose, IA Moravia, IA Allerton, IA Mystic, 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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    Surveyed Agricultural Land
    Updated: Jun 2
    Surveyed Agricultural Land

    Promise City, IA 52583

    Contact for pricing
    136.57 AC lot
    136.57 surveyed acres in Wayne County, Iowa
    Two individual tracts: 55.51 acres and 81.06 acres
    Ag zoning supports the property's agricultural character
    Beans planted for the 2026 farming season
    Full farming rights available beginning March 1, 2027
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    Recreational Farm with Metal Building
    Recreational Farm with Metal Building

    1671 Hwy S56, Promise City, IA 52583

    Contact for pricing
    29.00 AC lot

    29-acre recreational farm with a 40' x 88' metal building including utilities, concrete floor, septic, and water lines.

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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 17 Potential Opportunities for your consideration. Besides 3 Active listings in Promise City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    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.

    View details
    Tillable Agricultural Land with Timbered Draws
    Tillable Agricultural Land with Timbered Draws

    02 255th Street, Melrose, IA 52569

    Contact for pricing
    193.50 AC lot

    Gently rolling farm with cropland, timber-lined draws, and access from two public roads.

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    Commercial Land Near Lake Rathbun
    Commercial Land Near Lake Rathbun

    158 Lake Drive, Melrose, IA 52569

    $129,000
    2.76 AC lot

    Commercial land with frontage on Hwy S70 near Lake Rathbun.

    View details
    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.

    View details

    Off-Market Properties in Promise City, IA

    Consider similar Off-Market properties in Promise City, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    101 Ctr St
    RETAIL STORES (PERSONAL SERVICES)

    101 Ctr St, Promise City, IA 52583-8781

    $225,000
    Estimated value
    4,888 sqft 0.13 AC lot
    View details
    Promise City, IA 52583
    VACANT COMMERCIAL LAND

    Promise City, IA 52583

    $240,000
    Estimated value
    0.30 AC lot
    View details
    Promise City, IA 52583
    COMMERCIAL (GENERAL)

    Promise City, IA 52583

    $460,000
    Estimated value
    5,280 sqft 0.30 AC lot
    View details
    207 School St
    VACANT COMMERCIAL LAND

    207 School St, Promise City, IA 52583-8701

    $245,000
    Estimated value
    0.61 AC lot
    View details
    2 Hwy Hwy
    COMMERCIAL (GENERAL)

    2 Hwy Hwy, Promise City, IA 52583

    $195,000
    Estimated value
    1,536 sqft 0.25 AC lot
    View details
    Promise City, IA 52583
    VACANT COMMERCIAL LAND

    Promise City, IA 52583

    $235,000
    Estimated value
    3.00 AC lot
    View details
    Promise City, IA 52583
    VACANT COMMERCIAL LAND

    Promise City, IA 52583

    $245,000
    Estimated value
    0.05 AC lot
    View details
    Promise City, IA 52583
    COMMERCIAL (GENERAL)

    Promise City, IA 52583

    $280,000
    Estimated value
    0.13 AC lot
    View details
    2 Hwy Hwy
    VACANT COMMERCIAL LAND

    2 Hwy Hwy, Promise City, IA 52583

    $245,000
    Estimated value
    0.25 AC lot
    View details
    Promise City, IA 52583
    RECREATIONAL, ENTERTAINMENT

    Promise City, IA 52583

    $510,000
    Estimated value
    2,016 sqft 0.21 AC lot
    View details

    Promise City, IA Commercial Real Estate Market Trends and Statistics

    Explore 13 commercial real estate for sale in Promise City, IA, showcased through 3 active listings on our real estate platform.

    Sale prices for business properties 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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