Corner Farmland with Build
For Sale
$927,250
37.09 Acres +/- Corner of Smyth Rd & Holmans Rd, Mount Vernon, IA 52314
LAND - MtVernon, IA
Property SizeContact for details
Lot Size37.09 Acres
Days on Market47
Property Features for 37.09 Acres +/- Corner of Smyth Rd & Holmans Rd
General Information
Property type
Land
Property subtype
Other
Zoning
Ag
Vegetation
Wooded
Elementary school
MtVernon
Middle school
MtVernon
Directions
5-minutes West of Mt. Vernon on W. Mt. Vernon Road. Turn Left on Smyth Road. Stay left going South (past Arrowhead Road)... The Land is on the Right Side of the Road or the West Side of the Road.
Subdivision
OutOfArea
Standard status
Active
APN
15362-76001-00000 & *
Lot size
37.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
1090
Listing Agency:
GATEWAY ACCESS REALTY
(319) 665-4300
Listed By:
Chris Eden
(319) 631-3865
Added: Jun 20
Changed: Jun 30
Last Checked: Aug 5 at 3:06AM
MLS# 202603944
Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale property is agricultural land located as a corner parcel at the intersection of Smyth Rd and Holmans Rd. The offering includes parcels 15361-52001-00000 and 15362-76001-00000 for a total of approximately 37.09 acres (+/-). The land is currently rented to a farmer, and the tenant has the right to the property through the Harvest of 2026, with corn listed as the current crop. The buyer should plan to purchase the land “as-is.”
The property sits in Linn County near Mount Vernon, with public remarks indicating it is about 8 minutes to Mount Vernon and Cornell College and about 5 minutes to State Highways 13/151. Zoning is listed as Ag, and any plans to build a home or subdivide would require independent verification with Linn County Planning and Zoning; the seller makes no claims about feasibility.
For buyers seeking productive farm ground, the existing rental arrangement through the 2026 harvest should be reviewed alongside the listed as-is condition. For buyers considering future development or lot splitting, the Ag zoning designation and the need to confirm allowable options with the county should be treated as key decision factors.
The property sits in Linn County near Mount Vernon, with public remarks indicating it is about 8 minutes to Mount Vernon and Cornell College and about 5 minutes to State Highways 13/151. Zoning is listed as Ag, and any plans to build a home or subdivide would require independent verification with Linn County Planning and Zoning; the seller makes no claims about feasibility.
For buyers seeking productive farm ground, the existing rental arrangement through the 2026 harvest should be reviewed alongside the listed as-is condition. For buyers considering future development or lot splitting, the Ag zoning designation and the need to confirm allowable options with the county should be treated as key decision factors.
Key Highlights
- 37.09 acres +/- total across parcels 15361‑52001‑00000 and 15362‑76001‑00000
- Currently planted in corn; farmer has a lease right through harvest of 2026
- Land offered “as‑is”
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 52314, IA
5,937
Population
1,949
Households
3
Avg Household Size
33
Median Age
45%
College-Educated
96%
High-School Grad
59.3 sq mi
ZIP Area
100
Density / Sq Mi
$106,667
Median Household Income
$36,477
Median Earnings
$886
Median Rent
$279,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Corner agricultural land in Linn County with continuing farm rent through the 2026 harvest.
Where is this agricultural land / farmland located?
The property is located at 37.09 Acres +/- Corner of Smyth Rd & Holmans Rd Mount Vernon, IA.
What is the asking price?
The asking price for this property is $927,250.
What are key features of this property?
This property features: 37.09 acres +/- total across parcels 15361‑52001‑00000 and 15362‑76001‑00000; Currently planted in corn; farmer has a lease right through harvest of 2026; Land offered “as‑is”
