Iowa
Warren County
40± Acres
$470,000
Warren Ia 40 Land Aerial 2
Warren Ia 40 Land Aerial 6
Warren Ia 40 Land Aerial 1

Warren County, Iowa 40 Acres of Land for Sale

000 580th St, Lacona, IA 50139

Property Description

40 Acres with Income, Build Site, and Hunting | Warren County, Iowa

Located in Warren County, Iowa, just 2.5 miles south of Lacona, this 40-acre property offers a strong combination of income-producing farmland, recreational appeal, and build-site potential. With 35.5 tillable acres and a CSR2 rating of just over 80, this farm is well-suited for investors, operators, or buyers looking to expand their land portfolio.

The property features high-quality soils and strong yield potential, making it a productive and reliable asset. Its layout and accessibility also provide flexibility for continued row crop production or long-term investment hold.

This farm is already generating income through a 50/50 cost-share lease agreement for the 2026 season, with seed costs already paid. This structure allows for shared input expenses while benefiting from crop revenue, offering a balanced approach to farm income.

In addition to its agricultural value, the property includes a scenic build site in the southwest corner-ideal for a rural home with expansive views. The northeast boundary borders White Breast Creek, creating excellent habitat and travel corridors for deer and turkey hunting.

Property details

  • Acreage: 40 acres total
  • County and state: Warren County, Iowa
  • Nearest town: Lacona, Iowa
  • Location note: Approximately 2.5 miles south of Lacona
  • Farm ground: 35.5 tillable acres
  • Water feature: White Breast Creek along northeast boundary
  • Potential improvements: Build site in southwest corner

Income and return potential

  • 35.5 tillable acres under 50/50 cost-share agreement
  • Shared input costs with farmer (seed already paid for 2026)
  • Income based on crop production and market performance
  • Opportunity for long-term appreciation and yield returns
  • All income figures and agreements should be independently verified

Key features

  • 40 total acres in Warren County, Iowa
  • 35.5 acres of productive tillable ground
  • CSR2 rating just over 80
  • High-quality soils with strong yields
  • 50/50 cost-share lease in place
  • Income-producing farm for 2026 season
  • Seed costs already paid
  • Scenic rural build site location
  • Wide-open views for future home
  • White Breast Creek frontage
  • Excellent deer and turkey hunting
  • Natural wildlife travel corridor
  • Investment and recreational opportunity

Frequently asked questions

How much tillable land is on this property in Warren County, Iowa?

The property includes 35.5 tillable acres out of the total 40 acres. This makes it highly productive and suitable for row crop farming. The remaining acreage supports recreation and potential building opportunities.

Is there farm income currently in place?

Yes, the property is leased under a 50/50 cost-share agreement for the 2026 season. This means the owner shares input costs and crop revenue with the farmer. Seed costs have already been paid for the upcoming season.

Can you build a home on this property near Lacona, Iowa?

Yes, there is a designated build site in the southwest corner of the property. This area offers quiet surroundings and wide-open views. It is well-suited for a rural home or country retreat.

What is the soil quality like on this farm?

The farm has a CSR2 rating of just over 80, indicating strong soil productivity. This rating reflects above-average yield potential for the area. It makes the property a solid choice for farming or investment.

Does this property offer hunting opportunities?

Yes, the property provides excellent hunting potential. White Breast Creek along the northeast boundary creates a natural travel corridor for deer and turkey. This enhances both recreational use and wildlife habitat.

Where is this property located in relation to nearby towns?

The property is located approximately 2.5 miles south of Lacona, Iowa. It sits in Warren County with convenient rural access. This location offers both seclusion and accessibility.

What type of lease agreement is in place?

The farm operates under a 50/50 cost-share lease agreement. This structure splits input costs and crop revenue between the landowner and farmer. It provides a balanced approach to agricultural income.

Every Property Tells a Story. Let LandGuys Tell Yours.

Property Details

Status: New Listing
Price: $470,000
Acres: 40

Property Resources

Danny Fane
Iowa Managing Broker and REALTOR® Serving Southeast Iowa
Danny Fane
Licensed in IA
Zach Miller
Land Agent & REALTOR® Serving West Central Iowa
Zach Miller
Licensed in IA

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