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Wapello Rd.

OT-E (East Of I-380), IA 52637
  • $50,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 2606683
UPDATED: 45 min ago
$50,000
  • 0
    BEDS
  • 3.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
OT-E (East Of I-380)
Type:
Farm
County:
Des Moines
Area:
OT-E (East Of I-380)

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Description

This is a nice lot located just southwest of Mediapolis, Iowa. There are 2.49 acres enrolled in a CP-42 contract that pays $262.00 per acre, or $652.00 annually and expires September 30, 2026. A new CP-42 contract for 2.56 acres will begin October 1, 2026. That contract pays $216.00 per acre, or $553.00 annually and expires September 30, 2036. There is a cell tower located on this site. The income from this tower has been sold and the buyer will receive no revenue from the cell tower. Seller has two additional tracts of land for sale located west and south of this property. See Additional Land Aerial Photo.

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© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-10-16T09:42:39.803.
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Wapello Rd. OT-E (East Of I-380), IA 52637

  • Price: $50,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 45 min ago
  • MLS #: 2606683
0
Beds
0
Baths
0
½ Baths
3.34
Acres
Neighborhood:
OT-E (East Of I-380)
County:
Des Moines
Area:
OT-E (East Of I-380)
Property Description
This is a nice lot located just southwest of Mediapolis, Iowa. There are 2.49 acres enrolled in a CP-42 contract that pays $262.00 per acre, or $652.00 annually and expires September 30, 2026. A new CP-42 contract for 2.56 acres will begin October 1, 2026. That contract pays $216.00 per acre, or $553.00 annually and expires September 30, 2036. There is a cell tower located on this site. The income from this tower has been sold and the buyer will receive no revenue from the cell tower. Seller has two additional tracts of land for sale located west and south of this property. See Additional Land Aerial Photo.
Property Features

Possession Negotiable Property Sub Type Farm Property Sub Type Additional Farm Tax Annual Amount 155 Zoning Description ag

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Troy Louwagie of HERTZ REAL ESTATE SERVICE: 319-895-8858.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-10-16T09:42:39.803.
 
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5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411