Property Description

Property features a one-story frame home built in 1975 with 1,624 SF of finished living space on the main level, including three bedrooms, one full bath, and one half bath. An additional half bath is located in the 1,344 SF unfinished basement. The home sits on a poured concrete foundation and includes an attached 676 SF garage. Outbuildings include a 56’ x 72’ steel utility building (1970), 39’ x 39’ steel utility building (1920), and a 14’ x 56’ lean-to added in 2018. Additional improvements include a 16’ x 18’ milk house (1975) and a 27’ diameter grain bin (~8,986 bu.). Primary well is south of the home; secondary well in milk house is nonfunctional. Septic system located north of garage. LP tank included. Access easement provides access to farmland to the north. Property sells “as is.”

Features
: Septic Tank
: Propane
Address Map
IA
Johnson
Iowa City
52240
Highway 1 SW
2502
W92° 28' 12.3''
N41° 39' 40.5''
From Iowa City: At the intersection of US-218 and IA-1, 7 miles southwest on IA-1. The property is on the north side of the road.
OT-W (West of I-380)
Neighborhood
Iowa City
Iowa City
Iowa City
MLS Addon
HERTZ REAL ESTATE SERVICE
Rebecca Frantz
Sqft0
Sqft0
Sqft0
Sqft0
Sqft0
Additional Information
: Gentle Sloping
50.85
2026-03-31
https://www.propertypanorama.com/instaview/cdr/2602203
: Well
Financial
2364.0
Listing Information
FRANTZREBECC121
CHTZ
Active
2026-04-01T16:00:30Z
CDR
2026-04-01T09:32:31Z

2502 Highway 1 Sw, Iowa City, Iowa 52240 - Farm For Sale

2502 Highway 1 Sw, Iowa City, Iowa 52240

50.85 Acre
$1,300,000
Listing ID #2602203
Basic Details
Property Type : Farm
Listing Type : For Sale
Listing ID : 2602203
Price : $1,300,000
Lot Area : 50.85 Acre
Status : Active
Property Sub Type : Farm
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent