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Land for Sale in Montrose, Iowa

239th Ave, Montrose, IA 52639

$465,000
57.6 acres
Active sale
ago
Est $3,273/mo

Any offers submitted will be reviewed on Monday, October 26. All offers shall be submitted on the offer form, which can be received by contacting the listing agents. All offers received by Monday, October 26th at 12:00 pm will be reviewed by the Seller, and the Seller reserves the right to accept or reject any and all offers. If no acceptable offers are received by Monday, October 26th at 12:00 pm, the property will continue to be listed, and offers will be reviewed as they are received.

Peoples Company is pleased to present this highly improved 57.56 surveyed-acre property located near Fort Madison, Iowa. Situated in a strong agricultural area with access to multiple grain markets, elevators, and ethanol plants, this versatile property offers a unique combination of productive farmland, greenhouse facilities, and extensive agricultural improvements.

The tract includes 34.68 cropland acres m/l with a CSR2 rating of 47.6, along with infrastructure suited for a variety of agricultural, horticultural, nursery, livestock, storage, or hobby farm operations.

Multiple Machine Sheds & Workshops: A large wood-heated workshop with overhead doors and concrete floors provides ample space for equipment storage and maintenance. An additional multi-bay garage/shop includes a 10' x 15' walk-in cooler. An older, dilapidated house is located in the southeast corner of the property.

Established Greenhouse Operation: Two professional-grade greenhouses with forced-air heat and ventilation systems are connected to a climate-controlled utility building, offering excellent potential for year-round growing, nursery production, or specialty crops.

Irrigation & Infrastructure: The property is equipped with a diesel-powered irrigation pump and drip tape irrigation system, creating a turnkey setup for vegetable production and other irrigated crops.

Cropland & Expansion Potential: The open acres provide opportunities for row crop production, pasture, livestock, or expansion of the existing greenhouse operation.

Utilities & Accessibility: Well water, established driveways, and excellent access throughout the property make this a functional and productive acreage ready for immediate use.

Whether you are looking to expand an agricultural operation, start a specialty crop business, or invest in a well-improved rural property, this unique Lee County acreage offers exceptional versatility and value.

* This property sells subject to all existing easements of record, including an underground pipeline easement.

Location

Street address
239th Ave
Zip code
52639
Elevation
566 feet
Coordinates
40.571, -91.4575

Property details

Acreage
57.56 acres
Posted

Property taxes

Recent
$1

Legal description

Resources

Listing history

DateEventPriceChangeSource
Oct 14, 2026New listing$465,000—Listing agent
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This 57.56-acre property is located at 239th Ave in Montrose, IA 52639. The land is available for sale, priced at $465,000 — $8,079 per acre.

Listed by Peoples Company, (855) 800-5263

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