Land for Sale in Iowa City, Iowa

Rare Building Site Opportunity | Highway 1 SW | Iowa City, Iowa

Peoples Company is pleased to present a rare opportunity in Johnson County, Iowa, a premier building site offering the chance to create the rural lifestyle you've always envisioned while enjoying productive farmland and a highly desirable location. Situated less than 10 minutes from Iowa City and U.S. Highway 218, and conveniently located between Iowa City and Kalona, this exceptional 45-acre property fronts paved Highway 1 SW, providing easy access and excellent visibility.

Whether your vision includes building a custom dream home, establishing a hobby farm, constructing a large shop, or creating a place to showcase your business, this property offers a blank canvas with endless possibilities. Imagine stepping out your back door to panoramic countryside views, breathtaking Iowa sunsets, and the peaceful rhythm of rural living, all while remaining just minutes from city amenities.

The farm includes 41.15 acres of productive Johnson County farmland carrying a CSR2 rating of 66.5, with dominant soil types consisting of Nodaway-Arenzville, Tuskeego, and Koszta Silt Loams. The tillable acres are leased for the 2026 crop year, generating $14,402.50 in annual rental income, with possession available for the 2027 crop season.

For buyers seeking recreational or conservation opportunities, the property offers tremendous potential. Programs through the NRCS and FSA may provide opportunities for hardwood tree plantings, native grasses, pollinator habitat, and other conservation practices that enhance wildlife while maintaining income potential. The long corridor of open ground extending toward the timber along Old Mans Creek could also serve as livestock pasture, an equestrian setup, or space for 4-H and agricultural projects.

Outdoor enthusiasts will appreciate the exceptional hunting opportunities near the wooded creek corridor, where whitetail deer and wild turkeys frequently utilize the back half of the property, an increasingly rare recreational feature this close to Iowa City.

The property offers three potential building site locations, each exceeding two acres and meeting the minimum requirements for a residential building site application under current Johnson County Planning and Zoning regulations. The buyer will select a preferred homesite and complete the platting of a parcel exceeding 40 acres while establishing a designated building site. Buyers actively involved in farming operations may also qualify for a farm exemption waiver, potentially streamlining the building process.

Opportunities to own a property combining a premier building site, income-producing farmland, recreational appeal, and a coveted location near Iowa City are increasingly rare. Build your legacy, invest in your future, and create the lifestyle you've always envisioned on this exceptional Johnson County acreage.

**Buyers considering a building site are encouraged to conduct their own due diligence and consult with Johnson County Planning & Zoning regarding requirements and approvals.