
240th Street Overview
- Time on Site:
- 94 days
- Visits:
- 8
Presenting 57 acres m/l of premium Buchanan County farmland for sale, offering an excellent investment opportunity with a secure sale-leaseback structure and a reliable long-term tenant already in place. This highly productive tract includes 55.36 tillable acres with an average CSR2 rating of 83.9. The main soil types, Readlyn, Tripoli, and Kenyon loams, are some of the best soils found in Northeast Iowa. The farm has a strong history of high yields and consistent fertility, enhanced by annual manure applications. Full details of the crop lease are available upon request. For buyers seeking additional scale, 103 acres m/l located just 1/2 mile south can also be purchased. This property offers excellent access and visibility, positioned near Iowa Highway 20 with entry from 240th Street. Located just southwest of Independence, Iowa, the farm sits in Section 11 of Westburg Township, a desirable agricultural area known for its productive land base. This is a rare chance to acquire high-quality Iowa farmland with strong soils, proven productivity, and a stable tenant, and is ideal for investors of all types and 1031 exchange buyers.
240th Street Facts & Features
- Type Farm/Ranch
- Lot 57.00 Acres
Details
General
Listing Information
- Contingency: None
Location/Region
- County Or Parish: Buchanan
- Postal City: Independence
Tax Information
- Tax Annual Amount: 2200
- Tax Year: 2026
General Information
- Parcel Number: 0911400004
- Property Sub Type: Farm
- Property Type: Farm
- Zoning: Agriculture
Interior
General Information
- Fireplace: No
- Living Area: 0
- Living Area Units: Square Feet
Exterior
Lot Information
- Lot Size Acres: 57
- Lot Size Square Feet: 2482920
- Lot Size Units: Acres
Building Exterior/Construction
- Architectural Style: Other
240th Street Neighborhood
Community
50644 (Independence) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.240th Street Monthly Cost
240th Street Market Data
Based on the last 30 days in this zip code
240th Street History
| Date | Value | Agent |
|---|---|---|
| 3/27/2026Source: NoCoast MLS | March 27, 2026 |
























