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Promise City, IA Land for Sale

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Iowa Farmland Tract for Sale
Updated: Jul 17
Iowa Farmland Tract for Sale

Promise City, IA 52583

$1,482,000
192.00 AC lot
192 acres m/l of Wayne County, Iowa farmland in South Fork Township, just north of Promise City
Located along Highway Co Rd S56 for convenient access
Productive agricultural acres with a CSR2 soil rating of 47.2
Falls within the Seymour Community School District
Diverse acreage offers flexibility for agricultural production plus recreational appeal
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Agricultural Land Auction Opportunity
Updated: Jun 2
Agricultural Land Auction Opportunity

Promise City, IA 52583

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136.57 AC lot
Auction includes 136.57 surveyed acres in Wayne County, Iowa, located between Promise City and Confidence
Offered as two separate tracts: 55.51 surveyed acres and 81.06 surveyed acres
Current lease: 2026 farming season with beans planted; seller to transfer the second half of 2026 cash rent at closing
New buyers receive full farming rights beginning March 1, 2027
Live public auction Wednesday, July 15, 2026 at 10:00 AM at the Promise City Community Center
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Recreational Farm with Metal Building
Recreational Farm with Metal Building

1671 Hwy S56, Promise City, IA 52583

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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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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.

Turnkey Farm with Steel Shop
Turnkey Farm with Steel Shop

24142 110th Avenue, Seymour, IA 52590

$1,150,000
2,856 sqft

Turnkey acreage with a 1½-story cabin and a 30' x 50' heated steel shop, offering road-to-road access.

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Corner Lot in Seymour, Iowa
Corner Lot in Seymour, Iowa

106 E Lee Street E, Seymour, IA 52590

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0.48 AC lot

Building lot with utilities available in Seymour, Iowa.

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Land Near Rathbun Lake
Land Near Rathbun Lake

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

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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

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0.25 AC lot

Land for sale near Rathbun Lake, Moravia, Iowa.

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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

Value Estimation by Request
0.30 AC lot
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207 School St
VACANT COMMERCIAL LAND

207 School St, Promise City, IA 52583-8701

Value Estimation by Request
0.61 AC lot
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Promise City, IA 52583
VACANT COMMERCIAL LAND

Promise City, IA 52583

Value Estimation by Request
3.00 AC lot
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Promise City, IA 52583
VACANT COMMERCIAL LAND

Promise City, IA 52583

Value Estimation by Request
0.05 AC lot
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2 Hwy Hwy
VACANT COMMERCIAL LAND

2 Hwy Hwy, Promise City, IA 52583

Value Estimation by Request
0.25 AC lot
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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 0 square feet of properties for sale, with an estimated market value of $1,482,000.

Sale prices for lots in Promise City, IA start at $0.00, averaging $494,000, and reaching up to $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
Hunting land 1
Recreation land 1

Demographics Overview

Population 391
Population Growth (5Y) +29.5%
Median Household Income $59,231
College Educated 18.5%

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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