Wayne County, Iowa 32 Acres of Land for Sale

32± Acres with CRP Income and Build Sites | Wayne County, Iowa

Located on the eastern edge of Wayne County, Iowa, just 1 mile east of Promise City and 4 miles north of Highway 2, this 32± acre Rolling Grass Farm offers income, build site potential, and a clean rural setting. With strong road frontage, utilities at the road, and open grass acres, this property gives buyers a practical starting point for a future homestead, small farm, or long-term land investment.

The farm is enrolled in CP38E-2 CRP until September of 2031, producing $5,900 in annual income. Based on the provided 32± acres, this reflects approximately $184.38 per acre, with all CRP management completed by the current owner. Buyers should verify final surveyed acres, CRP acres, payment details, and program terms.

The property offers roughly 870 feet of rock road frontage with an entrance already in place on the west side. The gentle contour creates several possible home sites, while the existing small pond and southwest drainages add future water and pond potential. Power and rural water are available at the road, helping bring the homestead vision closer to reality.

This blank canvas sits 9 miles east of Corydon, 15 miles west of Centerville, 20 miles from the Walmart Supercenter in Centerville, and about 1.5 hours from the Des Moines airport. For outdoor-minded buyers, the property is just over a mile from public hunting opportunities at Rathburn WMA.

Property details

• Acreage: 32± acres
• County and state: Wayne County, Iowa
• Nearest town: Promise City, Iowa
• Nearest town with amenities: Corydon, Iowa
• Location: 9 miles east of Corydon and 15 miles west of Centerville
• Road frontage: Roughly 870 feet of rock road frontage
• Entrance: One entrance already in place on the west side
• Utilities: Power and rural water at the road
• Water feature: One small pond
• Additional pond potential in southwest drainages
• Property is being surveyed by Seller, with final sale price per surveyed acre

Income and return potential

• 32± CRP acres times approximately $184.38 per acre = $5,900 annual CRP income
• CRP contract: CP38E-2 through September of 2031
• Total estimated annual income: $5,900
• CRP acres, payment rate, and program terms should be verified by buyer

Key features

• 32± unimproved acres in Wayne County, Iowa
• Solid CRP income through September of 2031
• $5,900 annual CRP income
• CP38E-2 CRP contract
• Seller has completed CRP management requirements
• Several potential home sites
• Great rock road frontage
• Power available at the road
• Rural water available at the road
• Existing small pond
• Additional pond potential
• 1 mile east of Promise City
• 4 miles north of Highway 2
• Just over a mile from public hunting at Rathburn WMA
• 1.5 hours to Des Moines airport

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Directions:

Head east out of Promise City, Iowa 1 mile and turn north on Ohio road for approximately 4 miles and your new property is on the south side of the road.