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Listed by Riley Sieren Peoples Company
$1
Est. payment /mo
532.64 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Pending
Purchase Type For Sale
MLS Listing ID NOC6335192
Style Other
Annual Tax Amount $1
Tax Year 2025
Lot Size 532.640 Acres
Acres 532.64
Property Sub-Type Farm
Property Description
Major Lee County, Iowa Land Sale – High-Quality Farmland in a Strong Farming Community! I'm representing the State of Iowa in the sale of 532.64 surveyed acres m/l of Lee County, Iowa quality farmland. Located within a short drive from Fort Madison, IA, these tracts would make for a great addition to an existing farming operation or a smart investment for the Buyer looking to diversify their investments. The four tracts will be offered through a Sealed Bid Sale Method where Buyers are able to submit bids on any individual tracts. All Sealed Bids are due before 4:00 PM (CST) on March 5th, 2026. Of the total 532.64 surveyed acres m/l in this portfolio, the farmland includes an estimated 296.54 cropland acres. The portfolio will be offered as four tracts ranging in size from 57.56 to 205.57-surveyed-acre tracts, where they can be purchased individually or in any combination. Located in a strong farming community near several competing grain markets including both grain elevators and ethanol plants, these highly tillable, contiguous tracts of farmland have been proudly owned by the State of Iowa for many decades with a long-term tenant that has taken excellent care of each tract. Tract 1: 159.45 Surveyed Acres M/L, 152 est. cropland acres Tract 2: 110.06 Surveyed Acres M/L, 98.86 est. cropland acres Tract 3: 205.57 Surveyed Acres M/L, 11 est. cropland acres Tract 4: 57.56 Surveyed Acres M/L, 34.68 estimated cropland acres Visit our website for more information!
Location
State IA
County Lee
Zoning Agriculture
Direction From Montrose, IA travel north on highway 61 for approximately 2 miles. Turn west onto 270th Street and travel for approximately 1.5 miles. Turn north onto 239th Avenue. Property will be located on the west side of the road. Look for signs.
Interior
Fireplace No
Exterior
View Y/N true
Building
Architectural Style Other
Others
Acceptable Financing NOC6335192
Listing Terms NOC6335192
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United Country Midwest Lifestyle Properties
. | License ID: 76296
. License ID: 76296