Located just over one mile southeast of Cambridge, Iowa, in southern Story County, sits this exceptional 40-acre farm owned by the Robert Nassen Estate. This property presents an outstanding opportunity for both agricultural producers and investors seeking quality farmland in a highly desirable area. The farm features approximately 37.11 +/- cropland acres with a strong 75.4 CSR2 average, providing excellent long-term productivity and investment potential. The property is currently enrolled in the Conservation Reserve Program (CRP) through September 30, 2034, generating annual income of $11,133 ($300 per acre). At closing, the successful buyer will have the option to either assume the existing CRP contract or have the estate terminate the contract prior to closing. This attractive, manageable-sized tract offers an excellent opportunity to expand an existing farming operation or add a quality investment property to a land portfolio. Conveniently located less than 10 miles from Ankeny, the farm benefits from strong local demand and proximity to one of central Iowa’s fastest-growing communities.
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Zillow last checked:
Listing updated:
Listed by:
Cody Skinner515-443-6343,
Iowa Land Company Real Estate LLC
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6340146
Facts & features
Interior
Features
Has fireplace: No
Property
Lot
Size: 40 Acres
Details
Parcel number: 1434100200
Zoning: Agriculture
Construction
Type & style
Home type: SingleFamily
Architectural style: Other
Property subtype: Farm
Community & HOA
HOA
Has HOA: No
Location
Region: Cambridge
Financial & listing details
Annual tax amount: $1,346
Date on market: 7/8/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/9/2026
Pending sale
$340,000
Source: NoCoast MLS as distributed by MLS GRID #6340146Report a problem
7/8/2026
Listed for sale
$340,000
Source: NoCoast MLS as distributed by MLS GRID #6340146Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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