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    3188 Ia Hwy 1 NE Iowa City, IA 52240

    For Sale
    $1,283,750

    Farm, Single Family - Iowa City, IA

    Type:Farm
    Lot size:
    39.50 Acres
    Days on Market:
    49
    Last Refresh:
    Dec 11 at 1:06 pm

    Property Features for 3188 Ia Hwy 1 NE

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    Agriculture,Residential-
    Rooms
    Bathroom 1, Bedroom 1
    Bedrooms
    1
    Bathrooms
    1
    APN
    0736101001
    Lot size
    39.50 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1900
    Building materials
    Wood Siding
    Architectural style
    Other

    Hertz Real Estate Services (515) 382-1500

    Listing agent Doug Hensley (515) 382-1500 License #***

    Listing date Oct 24, 2025

    MLS# 6333138 Listing URL

    Copyright © 2025 NoCoast MLS. 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 City Farm with Development Potential

    Located north of Iowa City, Iowa, on the east side of IA Hwy 1, this 39.50-acre farm offers a blend of agricultural and residential possibilities. The rolling land includes 21.41 FSA/Eff. crop acres with a CSR2 of 66.80. A 900-square-foot home features one bedroom, one bathroom, and a bonus room. Several outbuildings are present, including a historic 30' x 60' barn, a corn crib, and two sheds. The property's location off IA Hwy 1 presents potential for residential development or a site for a custom home. The seller also owns an additional tract of land located west of this property.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Iowa City
    County
    Johnson
    State
    Iowa
    Longitude
    -91.48604
    Latitude
    41.701329

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    FAQs

    What type of property is this?
    Farm - 39.5 acre farm near Iowa City with development potential.
    Where is this farm located?
    The property is located at 3188 Ia Hwy 1 NE Iowa City, IA.
    What is the asking price?
    The asking price for this property is $1,283,750.
    What are key features of this property?
    This property features: - 39.50 acres (m/l) with **21.41 FSA/Eff. crop acres** and a CSR2 of 66.80.; - Prime location off IA Hwy 1 with potential for residential development.; - Includes a 900-square foot home with one bedroom, one bathroom, and a bonus room.
    (515) 382-1500
    Request Owner's contact information
    3188 Ia Hwy 1 NE Iowa City, IA 52240
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    Iowa City, IA 52240
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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

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    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
    3188 Ia Hwy 1 NE Iowa City, IA 52240
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