Growthland is pleased to present this 11 acre more or less building site located southeast of Iowa City at 4575 500th Street SE.

Building site includes:

• 300K grain storage & drying set-up
• Scale, Probe, Office
• Shop with cold storage
• Dwelling with attached garage
• Swine Farrowing units

Bids Due August 28th, 2025 at 12 PM (noon)

Seller Options
Round One Bidding Process:
• Prospects will submit a bid by Thursday, August 28th, 2025 at 12 P.M. (Noon) CST. Ask agent for bid form.
• Cash offers with minimal contingencies
• Accepting property “as is”, “where-is”

Seller Options After Round One:•
• Accept one bid
• Negotiate with one bid
• Reject all bids and retain ownership
• Ask bidders to proceed to a highest and final offer (Round Two).

Round Two Bidding Process:
The highest bid will be disclosed to the remaining bidders for the final round of bidding without disclosing the identity of the bidders.
• Bidders will be asked to submit highest and final bid by Friday, August 29th, 2025 at 12 PM (Noon) CST.
• Seller can accept one of the bids after all final bids have been submitted with winning bidder being notified by August 29th, 2025, at 5 PM CST.

Agency Disclaimer: Growthland and their associates are agents of the Seller.

Terms: Ten percent of the purchase price required from successful bidder as earnest money. Buyer(s) will sign Real Estate Sales Agreement, purchasing with no financing contingencies, and must be prepared for cash settlement of the purchase at the time of closing.

Closing: Ideally close within 45 days of final offer date.

Conditions: This sale is subject to all easements, leases and any other restrictions of record. Buyer(s) understand they are purchasing the property “as-is, where-is” unless specifically noted in offer. Any expenses post-closing are solely the responsibility of the Buyer. Current lease has been terminated. Boundary lines have been located and identified by surveyor.

For property details, click here.