Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1996 210Th St Promise City, IA 52583

    Pending
    For Sale
    Contact for pricing

    LAND - IA

    Lot size:
    319.88 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 1996 210Th St

    General Information

    Special listing conditions
    Auction
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Auction
    Standard status
    Pending
    Zoning
    Ag
    APN
    080H20400003; 080H20400004; 080J21300003; 080J2130
    Lot size
    319.88 Acres

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

    Listing agent Mike Nelson (515) 222-1347

    Listing date Oct 16, 2025

    MLS# 723927 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

    319.88 Acres of Wayne County Farmland

    This property features 319.88 acres of farmland located near Promise City, Iowa. The land, part of a family farm dating back to 1948, offers a rare opportunity to purchase land that has not been available to the public in over 77 years. The property will be offered as four individual tracts ranging in size from 9.80 surveyed acres to 134.80 surveyed acres. These tracts offer pastureland, farmland, and recreational land, as well as locations with views suitable for building a home. Farming rights will be available to the buyer beginning March 1, 2026, as the current farm lease has been terminated. The tracts can be combined to create the optimum purchase for various operations. The land is zoned Ag. The property will be offered via public auction on October 10, 2025.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Promise City
    County
    Wayne
    State
    Iowa
    Longitude
    -93.17151
    Latitude
    40.75522

    FAQs

    What type of property is this?
    Farm - Rare opportunity to purchase good Wayne County farmland.
    Where is this farm located?
    The property is located at 1996 210Th St Promise City, IA.
    What is the asking price?
    The asking price for this property is $1.00.
    What are key features of this property?
    This property features: - Rare opportunity: Wayne County farmland not publicly available in over 77 years.; - 319.88 acres offered in four tracts, assemble your ideal combination.; - Farming rights available to the buyer beginning March 1, 2026.
    (515) 222-1347
    Request Owner's contact information
    1996 210Th St Promise City, IA 52583
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1996 210Th St
    Promise City, IA 52583
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1996 210Th St Promise City, IA 52583
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.