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    120th W 120Th St S Colfax, IA 50054

    For Sale
    $305,217

    LAND - Colfax, IA

    Lot size:
    30.83 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 120th W 120Th St S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Ag
    APN
    0634400026
    Lot size
    30.83 Acres

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

    Listing agent Matt Adams (515) 423-9235

    Listing date Nov 4, 2025

    MLS# 723798 Listing URL

    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

    Iowa Land Building Site Available

    This premier building site is comprised of 30.83 gross acres located near Colfax, Iowa, just off Exit 155 from Interstate 80. The relatively flat terrain offers an ideal setup for building a dream acreage or country estate, raising livestock, or those seeking open space and privacy combined with income-producing land close to town. The farm includes 29.91 FSA cropland acres currently enrolled in the Conservation Reserve Program (CRP) through 2031 under the Iowa Pheasant Recovery SAFE Initiative (CP38E-2). This long-term contract generates $5,299 annually, or $177.16 per acre, and promotes quality upland habitat that supports strong pheasant populations and overall wildlife diversity. The established native grasses provide recreational benefits and enhance soil health and long-term land stewardship. A driveway entrance into the property is located on the northwest corner. Utility services are available at the road. MidAmerican Energy has an overhead power line combined with a 2.50" Central Iowa Water Association rural water line located along the east side of W 120th Street S.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Dental Office

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colfax
    County
    Jasper
    State
    Iowa
    Longitude
    -93.277418
    Latitude
    41.693121

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    FAQs

    What type of property is this?
    Agricultural land - 30.83 acre building site near Colfax, Iowa.
    Where is this agricultural land located?
    The property is located at 120th W 120Th St S Colfax, IA.
    What is the asking price?
    The asking price for this property is $305,217.
    What are key features of this property?
    This property features: - 30.83 acre building site near Colfax, Iowa, offering seclusion and convenience.; - 29.91 FSA cropland acres enrolled in CRP, generating $5,299 annual income through 2031.; - Ideal for building a dream acreage or country estate, raising livestock, or enjoying open space.
    (515) 423-9235
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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 W 120Th St S Colfax, IA 50054
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