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    120Th St Sloan, IA 51055

    Pending
    For Sale
    $280,000

    LAND - IA

    Lot size:
    39.24 Acres
    Days on Market:
    299
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 120Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Ag
    APN
    854616325001
    Lot size
    39.24 Acres

    Peoples Company (515) 771-7588 [email protected]

    Listing agent Andrew Zellmer (515) 222-1347

    Listing date Feb 18, 2025

    Copyright © 2025 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Monona County Farmland For Sale

    This property features 39.24 surveyed acres m/l of Monona County farmland, situated south of Sloan, Iowa. Combining recreational opportunities with productive, tillable land, this farm is suitable as an addition to an existing farm operation or as an entry-level investment. The farm includes 37.98 FSA cropland acres with a CSR2 soil rating of 62.3, of which approximately 28.87 acres are currently tillable. There are 9.11 CRP enrolled acres, generating an annual payment of $232.88 per acre, totaling $2,122 annually. These CRP acres are contracted through 2031, offering hunting opportunities alongside a guaranteed annual income. Access to the property is provided via a 33-foot-wide easement extending from 120th Street to the northwest corner of the property. The property is located within McCandless Main Drainage District and requires an average annual drainage levy of approximately $338. No additional major drainage projects are currently planned for the district. Located just 1 mile from paved County Highway K45 and less than 4 miles from direct access to Interstate 29, the farm is open for the 2025 crop season.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Sloan
    County
    Woodbury
    State
    Iowa
    Longitude
    -96.212091
    Latitude
    42.177329

    FAQs

    What type of property is this?
    Farm - 39.24 acres of farmland with recreational potential near Sloan, Iowa.
    Where is this farm located?
    The property is located at 120Th St Sloan, IA.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - 37.98 FSA cropland acres with a CSR2 soil rating of 62.3, offering productive tillable land.; - 9.11 CRP enrolled acres generating $2,122 annual income through 2031, combining income with hunting opportunities.; - Affordable entry-level investment opportunity for farmland ownership.
    (515) 222-1347
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    120Th St Sloan, IA 51055
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    Sloan, IA 51055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120Th St Sloan, IA 51055
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