Agricultural Land with CRP Income
For Sale
$199,000
Peru Road, Peru, IA 50222
LAND - Peru, IA
Property SizeContact for details
Lot Size12.50 Acres
Days on Market88
Property Features for Peru Road
General Information
Property type
Land
Property subtype
Other
Zoning
AG
Lot features
Rectangular Lot
Elementary school district
Interstate 35
Middle school district
Interstate 35
High school district
Interstate 35
Directions
I-35 south to the Truro exit and head west through the town of Truro for about 2 miles, and the land will be on your right-hand side.
Subdivision
Peru
Standard status
Active
APN
721151288022000
Lot size
12.50 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 2 PHILLIPS ACRES
Tax Annual Amount
206
Legal Description
LOT 2 PHILLIPS ACRES
Listing Agency:
Iowa Realty Mills Crossing
(515) 453-4300
Listed By:
Becky Knight
(515) 707-3446
Added: May 22
Changed: Aug 1
Last Checked: Aug 17 at 6:06AM
MLS# 741184
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Agricultural land offering 12.5 acres in Madison County, zoned AG, on a paved road. The property is currently enrolled in CRP, providing income potential while you plan your future build. There is also the option to buy out approximately one acre for a homesite.
Utilities are available at the road, including water, electricity, and fiber internet, supporting residential development or long-term agricultural use. The land features a gently rolling landscape and countryside views, with a layout that may suit a walkout home designed to capture wide-open scenery.
With West Des Moines about 30 minutes away, this property balances rural setting with access to city amenities.
Utilities are available at the road, including water, electricity, and fiber internet, supporting residential development or long-term agricultural use. The land features a gently rolling landscape and countryside views, with a layout that may suit a walkout home designed to capture wide-open scenery.
With West Des Moines about 30 minutes away, this property balances rural setting with access to city amenities.
Key Highlights
- 12.5‑acre agricultural land zoned AG in Madison County
- Paved road access
- CRP enrollment provides income potential
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 50222, IA
490
Population
201
Households
2.4
Avg Household Size
44
Median Age
28%
College-Educated
95%
High-School Grad
41.2 sq mi
ZIP Area
12
Density / Sq Mi
$105,045
Median Household Income
$65,345
Median Earnings
$917
Median Rent
$233,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - 12.5-acre AG-zoned farmland on a paved road with water, electricity, and fiber available at the road and CRP enrollment.
Where is this agricultural land / farmland located?
The property is located at Peru Road Peru, IA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 12.5‑acre agricultural land zoned AG in Madison County; Paved road access; CRP enrollment provides income potential
