501 E Hillcrest Avenue, Indianola, IA 50125
501 E Hillcrest Avenue, Indianola, IA 50125
501 E Hillcrest Avenue, Indianola, IA 50125
501 E Hillcrest Avenue, Indianola, IA 50125
501 E Hillcrest Avenue, Indianola, IA 50125
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,100,000
Est. payment | /mo

48 Acres Lot


Save
$ 2,100,000
Est. payment | /mo
Save

48 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 741416

HOA Y/N No

Annual Tax Amount $4,345

Lot Size 48.000 Acres

Acres 48.0

Property Description

Looking for a 1031 Exchange property? A rare opportunity on Indianola's thriving north side. This 48± acre development site sits in one of the most active commercial corridors in Warren Co. positioned directly along Hwy 65/69 and surrounded by established, high-performing businesses. With the City of Indianola's Comprehensive Plan designating this property for C-2 Commercial & Low/Med Density Res, the site offers exceptional flexibility for mixed-use development, commercial expansion, or long-term investment.
Located across from the nearly built-out Summercrest Hills area—home to medical clinics, specialty providers, pharmacy, dental offices, chiropractic care, attorney offices, gas station, construction office, credit union, car wash, the Indianola Wellness Center, a new retail strip center, and the future sports complex/fieldhouse—this property sits squarely in the path of Indianola's north-side growth.
The land includes a private 5-acre pond, rolling terrain, multiple access points, and a home on the north end that can generate immediate rental income. Whether held as a strategic investment or developed immediately, this property offers unmatched location & long term upside. Rare Scale. Opportunities like this don't come along often!

Location

State IA

County Warren

Area Indianola

Zoning Ag

Interior

Fireplace No

Exterior

Utilities Available Electricity Available

Private Pool No

Building

Sewer Septic Tank

Water Public

Others

Tax ID 49360000010

Monthly Total Fees $362

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Iowa Realty Indianola

Schools and Properties Nearby

Learn More About LPT Realty

Tour the Home

501 E Hillcrest Avenue