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    Promise City, IA
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    Promise City, IA Land 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 12 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 5 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.

    Land Near Rathbun Lake
    Land Near Rathbun Lake

    WIND-N-WAVES COTTON-WOOD PARK lot: 2 Blk 3, Moravia, IA 52571

    Contact for pricing
    0.25 AC lot

    Residential land near Rathbun Lake, ideal for recreation.

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    Residential Land Near Rathbun Lake
    Residential Land Near Rathbun Lake

    WIND-N-WAVES COTTON-WOOD PARK lot: 10 Blk 4, Moravia, IA 52571

    Contact for pricing
    0.25 AC lot

    Land for sale near Rathbun Lake, Moravia, Iowa.

    View details
    Land Near Lake Rathbun
    Land Near Lake Rathbun

    336 Lake Drive, Melrose, IA 52569

    $95,000
    3.21 AC lot

    3.0 acre lot with potential lake views in Lago Vista.

    View details
    Lake Rathbun Land Opportunity
    Lake Rathbun Land Opportunity

    376 Lake Drive, Melrose, IA 52569

    $89,000
    2.00 AC lot

    Two-acre lot with lake and pond views near Honey Creek.

    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.

    Promise City, IA 52583
    VACANT COMMERCIAL LAND

    Promise City, IA 52583

    $240,000
    Estimated value
    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
    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
    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 Land Market Trends and Statistics

    Explore 8 land for sale in Promise City, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,575,749 square feet of properties for sale, with an estimated market value of $1,482,000.

    Sale prices for lots 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Agricultural land / Farmland 3

    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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