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Fairfield serves as a hub for commerce and residential development in Jefferson County, Iowa, maintaining a steady economic climate supported by local industry and a growing regional population. This land parcel sits along 240th St, providing 11.41 acres of developable space for potential buyers. Given its position within the submarket, the property is suitable for various investment strategies, including agricultural use, long-term land banking, or future residential site preparation. The site offers a clear canvas for developers or investors seeking a presence in this stable Midwestern corridor. Access to regional transportation routes facilitates connectivity to the surrounding rural and urban centers, ensuring long-term viability for the asset. This transaction represents an acquisition of significant acreage, providing the scale necessary for expansive site planning or rural development projects in an established Iowa community.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.