00 235th Street new

IA 52583

$ 1035000

0 Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 718488

Annual Tax Amount $2,774

Lot Size 180.000 Acres

Property Description

Income-Producing Recreational Property in Wayne County, Iowa

If privacy and seclusion are your top priorities, this 180-acre m/l property in Wayne County is exactly what you're looking for. Situated northeast of Promise City, this unique parcel is accessible through private easement off 235th Street. It's also conveniently located just southwest of Rathbun Lake, Iowa's second-largest lake, spanning 11,000 acres and offering year-round recreation including fishing, boating, swimming, hiking, and camping.

The owner has enrolled 143.42 acres into income-generating conservation programs:
76.10 acres enrolled in the Conservation Reserve Program (CP38E-25) through 2035, generating $11,415 annually ($150/acre)
67.32 acres enrolled in the Marginal Pastureland Riparian Buffer (CP22) through 2031, providing $5,332 annually ($79.20/acre)
Together, these contracts yield a total annual income of $16,747.

The remaining 24 acres m/l are currently used for hay production and strategically placed food plots, enhancing the property's appeal to wildlife. Carls Creek flows through the property, and established crossings provide easy access across the entire farm. The combination of food, cover, and water creates an ideal habitat for deer, turkey, and upland game birds, making it a hunter's paradise. Hunting rights will be available for the 2025 season.

Improvements:Tile, ponds, food plots, creek crossings, good fencing

Visit our website for more information.

Location

State IA

County Wayne

Area Promise City

Zoning Ag

Others

Monthly Total Fees $231

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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