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    F59 County Hwy Redfield, IA 50233

    Pending
    For Sale
    $4,800,000

    LAND - Redfield, IA

    Lot size:
    400.42 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for F59 County Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Ag
    APN
    1305100015
    Lot size
    400.42 Acres

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

    Listing agent John Reburn (515) 222-1347

    Listing date Nov 25, 2025

    MLS# 721576 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

    400+ Acres Near Raccoon River

    This 400.42 acre property is located near the Raccoon River, approximately 20 minutes from the Des Moines Metro, northwest of Redfield off County Highway F59. The property includes scenic building sites, recreational acres, Raccoon River access, and tillable acres. The southern portion of the property features an elevated ridge with views of the tillable ground and surrounding landscape. Utilities are in place with Xenia Rural Water and Alliant Energy along the north side of Highway 59/310th Street. The property has 190.5 cropland acres under lease, providing $57,150 in annual income. The tillable acres carry a CSR2 of 80.1 and include Nevin Silty Clay Loam and Dockery-Quiver Silt Loams. Cover crops have been used to build biomass and improve soil health. Additionally, 34.9 acres are enrolled in the Conservation Reserve Program (CRP), paying $5,743 annually and expiring in 2032. The CRP acres are enrolled in CP-1 - Establishment of Permanent Introduced Grasses and Legumes. There is also an optional hunting lease paying $5,000 per year. The property is suitable for agricultural and recreational purposes.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Redfield
    County
    Dallas
    State
    Iowa
    Longitude
    -94.216011
    Latitude
    41.600515

    Nearby Similar for Sale

    • $200,000
      2,904 SF

      1119 Thomas St, Redfield, IA 50233

      Commercial real estate • 2,904 SF
      1119 Thomas St, Redfield, IA 50233
      View Details

    FAQs

    What type of property is this?
    Farm - 400+ acre property near Des Moines with income potential.
    Where is this farm located?
    The property is located at F59 County Hwy Redfield, IA.
    What is the asking price?
    The asking price for this property is $4,800,000.
    What are key features of this property?
    This property features: - Large 400.42 acre property, only 20 minutes from Des Moines Metro.; - Significant income potential: $57,150 annual cropland lease + $5,743 CRP + $5,000 optional hunting lease.; - Raccoon River access and scenic building sites with panoramic views.
    (515) 222-1347
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    F59 County Hwy Redfield, IA 50233
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    Redfield, IA 50233
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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
    F59 County Hwy Redfield, IA 50233
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