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Pending
  • $599,999

    21029 Highway J5t, Moravia, IA 52571

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    0baths
    2Acres
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    Unimproved Land
    Built in ----
    2 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    2A± Acres with Turn-Key Income and Expansion Potential | Appanoose County, Iowa Located in Appanoose County, Iowa, just east of Lake Rathbun near Moravia, this 2A± acre income-producing property offers a strong combination of established cash flow, visibility, and growth potential. With convenient access from Highway J5T, the property is positioned in one of southern Iowa's most popular recreational destinations. The property features 12 fully occupied storage units with a standing wait list, providing immediate and dependable income. It also includes 20 camping sites with full electric, water, and septic hookups, making it a strong fit for lake visitors, campers, hunters, and outdoor enthusiasts looking for convenient access near Lake Rathbun. Just minutes from boat ramps, the marina, public hunting areas, and local amenities, this property benefits from steady seasonal and year-round traffic. With additional room for expansion, a new owner could explore adding more storage units, campsites, or other complementary amenities to increase revenue over time. Whether you are looking for a turn-key investment with established income or a property with room to grow, this Lake Rathbun area opportunity offers both immediate returns and long-term upside. Property details Acreage: 2A± acres County and state: Appanoose County, Iowa Nearest town: Moravia Short location note: Located just east of Lake Rathbun with convenient access from Highway J5T Major improvements: 12 storage units and 20 full-hookup camping sites Storage units: 12 fully occupied units with a standing wait list Camping sites: 20 sites with full electric, water, and septic hookups Recreational location: Minutes from boat ramps, the marina, public hunting areas, and local amenities Use type: Income-producing investment property with expansion potential Key features 2A± acres in Appanoose County, Iowa Located near Moravia and Lake Rathbun Turn-key income-producing property 12 fully occupied storage units Standing wait list for storage units 20 camping sites with full hookups Electric, water, and septic hookups at camping sites Excellent visibility from Highway J5T Convenient access for lake visitors and campers Minutes from boat ramps and marina access Near public hunting areas Established income stream from day one Room for additional storage units or campsites Strong seasonal and year-round traffic potential Located in a high-demand southern Iowa recreational area Every Property Tells a Story. Let LandGuys Tell Yours.
    25 days
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    280
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    8
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    Zillow last checked:

    Listed by:

    David Little,

    LandGuys 217-899-1240

    Source: REALSTACK,MLS#: 107311

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Features
      • Has basement: No
      Video & virtual tour

      Property

      Lot
      • Size: 2 Acres
      Details
      • Parcel number: 240222001294000

      Community & HOA

      Location
      • Region: Moravia

      Financial & listing details

      • Tax assessed value: $282,780
      • Annual tax amount: $4,012
      • Date on market: 6/16/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $943/mo

        Price history

        DateEventPrice
        7/10/2026Pending sale$599,999
        Source: REALSTACK #107311 Report a problem
        6/16/2026Listed for sale$599,999
        Source: REALSTACK #107311 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,012 -3.1%$282,780 +10.9%
        2024$4,140 +123.1%$255,090
        2023$1,856 +4540%$255,090 +93.7%
        2022$40 -9.1%$131,670 +4289%
        2021$44 $3,000
        2020$44 -10.1%$3,000
        2019$49 -2.1%$3,000
        2018$50 $3,000
        2017$50 $3,000
        2016$50 $3,000
        2015$50 +4.2%$3,000
        2014$48 $3,000
        2013$48 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 52571

        Getting around

        9 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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