$3,744,325

Estimated payment $23,382/month

Total Views 3,949
115.21 Acres
$32,500 Price per Acre
5,018,548 Sq Ft Lot

Highlights

  • 115.21 Acre Lot
  • Open Lot
  • 1-minute walk to Iowa City Recreation Center
  • City High School Rated A-
  • Gentle Sloping Lot

About This Lot

This home is located at 0 Highway 1, Iowa City, IA 52240 and is currently priced at $3,744,325. 0 Highway 1 is a home located in Johnson County with nearby schools including Longfellow Elementary School, Southeast Junior High School, and City High School.

Listing Agent

Troy Louwagie

Hertz Real Estate Services Listed on: 10/24/2025

Property Details

Property Type

  • Land

Lot Details

  • 115.21 Acre Lot
  • Property fronts a highway
  • Open Lot
  • Gentle Sloping Lot

Location

  • In Flood Plain

Schools

  • Shimek Elementary School
  • Southeast Middle School

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: LOTS/LAND
  • Type: Lot/Land
  • Photo Code: Broker Provided
  • Photo Code1: Broker Provided
  • Remarks: Please reach out to Rebecca Frantz with Hertz Farm Management for questions. Cell:319-330-2945. Email: RebeccaF@hertz.ag Excellent residential development opportunity in a prime location off Highway 1. The seller has an additional tract of land for sale located east of this property. See Additional Land Aerial Photo. Lease is open for the 2026 crop year. *Taxes estimated due to tax parcel split. Johnson County Treasurer/Assessor will determine final tax figures. Tax ID:0725426001, 0725451001, part of 0725402003, and part of 0725476001. No trespassing, please. Showings are to be scheduled by appointment and accompanied by the listing agent.
  • Potential Use: Agriculture/Farming, Residential
  • Section: 25
  • Directions: Iowa City—I-80/IA-1 Interchange: 1 mile northeast on IA-1. The property is on the west side of the road.
  • L O1 Dues Paid: y
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: County/City Road, Pavement, State Highway

Utilities

  • Utilities Available: Electricity

Schools

  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Shimek

Lot Info

  • Acreage: 115.21
  • Zoning: Residential
  • Estimated Lot Sq Ft: Over 100 Acres
  • Improvements: Open Land
  • Present Use: Undeveloped Land, Working Farm
  • Price Per Acre: 32500
  • Topology: Flood Plain, Gentle Rolling

Map

Range of Values:

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Value Increase
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Percent Increase
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Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2025 10/24/25 For Sale $3,744,325 +856.4% --
07/31/2023 07/31/23 Sold $391,500 0.0% -- View Prior Sale
07/06/2023 07/06/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $391,500 -- --
Source: Iowa City Area Association of REALTORS®

Source: Iowa City Area Association of REALTORS®

MLS Number: 202506642

Iowa City Area Association of REALTORS®