Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    (515) 223-9492
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Land
    • Residential Multi Family
    • Residential

    Listings

    For Sale (67)

    View map
    Land in Peaceful Countryside Area
    $105,000
    8.15 Acres

    Land in Peaceful Countryside Area

    8.15 acre lot for custom dream home in Osceola, IA.

    1775 Doyle St, Osceola, IA 50213
    View details
    Colfax Multifamily Investment Opportunity
    $1,800,000
    9,420 SF

    Colfax Multifamily Investment Opportunity

    Well-maintained 22-unit apartment complex in Colfax, Iowa.

    24 N Maple St, Colfax, IA 50054
    View details
    Truro, Iowa Quarter-Acre Lots
    $36,000
    0.33 Acres

    Truro, Iowa Quarter-Acre Lots

    Quarter-acre lots for custom homes near Des Moines.

    435 N Hutchison St, Truro, IA 50257
    View details
    22 Acres of Land, Norwalk
    $430,000
    22.00 Acres

    22 Acres of Land, Norwalk

    22 acres of land available in Norwalk, Iowa.

    30Th Ave, Norwalk, IA 50211
    View details
    Indianola Farm for Future Development
    $2,450,000
    118.00 Acres

    Indianola Farm for Future Development

    118-acre farm inside city limits, ideal for residential development.

    S Y St, Indianola, IA 50125
    View details
    Residential Land in Ironwood Acres
    $120,000
    1.00 Acre

    Residential Land in Ironwood Acres

    Spacious lots for custom homes in Madrid's newest development.

    2286 Roadrunner Pl, Madrid, IA 50156
    View details
    Spacious Lots in Ironwood Acres
    $720,000
    1.00 Acre

    Spacious Lots in Ironwood Acres

    Build your dream home in Madrid's newest development.

    2284 Roadrunner Pl, Madrid, IA 50156
    View details
    Residential Land in Clive, Iowa
    $91,900
    0.26 Acres

    Residential Land in Clive, Iowa

    Residential land available in a family-friendly Clive neighborhood.

    3143 Devonshire Pkwy, Clive, IA 50325
    View details
    Residential Land in Waukee, Iowa
    $130,000
    0.23 Acres

    Residential Land in Waukee, Iowa

    East-facing lot near Sugar Creek Elementary in Waukee.

    2630 Avalon Dr, Waukee, IA 50263
    View details
    Norwalk, Iowa Land For Sale
    $445,000
    21.20 Acres

    Norwalk, Iowa Land For Sale

    Land available in Norwalk, Iowa.

    30Th Ave, Norwalk, IA 50211
    View details
    LAND - West Des Moines, IA
    $149,900
    0.27 Acres

    LAND - West Des Moines, IA

    Residential land & home lots

    11335 Brookdale Dr, West Des Moines, IA 50263
    View details
    Truro, Iowa Land Opportunity
    $36,000
    0.33 Acres

    Truro, Iowa Land Opportunity

    Build your dream home with small-town charm and scenic views.

    460 Scenic Dr, Truro, IA 50257
    View details
    Truro, Iowa Land For Sale
    $80,000
    3.00 Acres

    Truro, Iowa Land For Sale

    3-acre pond-view homesite near Jordan Creek Pkwy and school.

    Windwood Ct, Truro, IA 50257
    View details
    Truro, Iowa Land with Pond
    $90,000
    3.00 Acres

    Truro, Iowa Land with Pond

    Three-acre lot with pond near Jordan Creek Pkwy.

    Windwood Ct, Truro, IA 50257
    View details
    315 Acres of Wetlands
    $2,000,000
    315.00 Acres

    315 Acres of Wetlands

    315 acre land parcel, primarily wetlands, Winterset, Iowa.

    Settler Ave, Winterset, IA 50273
    View details
    West Des Moines Land Available
    $94,900
    0.19 Acres

    West Des Moines Land Available

    Land in West Des Moines near Jordan Creek Town Center.

    9486 Stillwater Dr, West Des Moines, IA 50266
    View details
    Residential Lot in Waukee, Iowa
    $179,900
    0.27 Acres

    Residential Lot in Waukee, Iowa

    Residential land in Waukee, located on a cul-de-sac street.

    50 NW Wilder Ct, Waukee, IA 50263
    View details
    Residential Land in Truro, Iowa
    $36,000
    0.38 Acres

    Residential Land in Truro, Iowa

    Quarter-acre lots for custom homes near Des Moines.

    410 N Hutchison St, Truro, IA 50257
    View details
    Truro, Iowa Quarter-Acre Lots
    $36,000
    0.38 Acres

    Truro, Iowa Quarter-Acre Lots

    Quarter-acre lots for custom homes, edge of town.

    420 N Hutchison St, Truro, IA 50257
    View details
    Scenic 3-Acre Lot in Truro
    $80,000
    3.00 Acres

    Scenic 3-Acre Lot in Truro

    3-acre lot with countryside views near ponds and school.

    Windwood Ct, Truro, IA 50257
    View details
    Truro, Iowa Land For Sale
    $80,000
    3.00 Acres

    Truro, Iowa Land For Sale

    Three acre lot with pond view near Jordan Creek Parkway.

    Windwood Ct, Truro, IA 50257
    View details
    Des Moines Fourplex Investment Opportunity
    $310,000
    2,509 SF

    Des Moines Fourplex Investment Opportunity

    Fourplex near Drake College, ideal for investors or owner-occupants.

    1148 36Th St, Des Moines, IA 50311
    View details
    Truro, Iowa Land Opportunity
    $40,000
    0.33 Acres

    Truro, Iowa Land Opportunity

    Quarter-acre lots for custom homes near Des Moines.

    475 N Hutchison St, Truro, IA 50257
    View details
    Residential Land in Shell Rock, IA
    $89,999
    2.58 Acres

    Residential Land in Shell Rock, IA

    Land for sale in Shell Rock, Iowa's Timber Creek Estates.

    21165 Woodridge Ln, Shell Rock, IA 50670
    View details
    Residential Land in Shell Rock, IA
    $79,999
    1.98 Acres

    Residential Land in Shell Rock, IA

    Residential land for sale in Shell Rock, Iowa.

    21161 Woodridge Ln, Shell Rock, IA 50670
    View details
    Residential Land in West Des Moines
    $129,900
    0.30 Acres

    Residential Land in West Des Moines

    Residential land in a growing West Des Moines development.

    363 Napoli Ave, West Des Moines, IA 50265
    View details
    5-Acre Lots Near Nature Preserve
    $195,000
    5.07 Acres

    5-Acre Lots Near Nature Preserve

    5-acre lots for custom home with nature preserve views.

    1475 325Th St, Woodward, IA 50276
    View details
    Scenic River Valley Acreage
    $250,000
    3.00 Acres

    Scenic River Valley Acreage

    Scenic acreage with development potential near Des Moines River.

    001 285Th Ln, Madrid, IA 50156
    View details
    Scenic River Valley Acreage
    $275,000
    3.00 Acres

    Scenic River Valley Acreage

    Acreage with privacy, views, and development potential near Des Moines River.

    002 285Th Ln, Madrid, IA 50156
    View details
    Residential Land in Adel, Iowa
    $205,000
    3.48 Acres

    Residential Land in Adel, Iowa

    Large residential lots with paved access and city sewer.

    2701 Southbridge Dr, Adel, IA 50003
    View details
    Residential Land in Shell Rock, IA
    $89,999
    2.03 Acres

    Residential Land in Shell Rock, IA

    Land for sale in Shell Rock, Iowa's Timber Creek Estates.

    21269 Woodridge Ln, Shell Rock, IA 50670
    View details
    67 Acres Rolling Madison County Land
    $1,190,000
    67.00 Acres

    67 Acres Rolling Madison County Land

    67 acres of rolling land near West Des Moines.

    Pointe Ct, Cumming, IA 50061
    View details
    5-Acre Lots Near Nature Preserve
    $195,000
    5.00 Acres

    5-Acre Lots Near Nature Preserve

    Spacious 5-acre lots for custom homes with nature views.

    1475 325Th St, Woodward, IA 50276
    View details
    Commercial Land in Growing Madrid
    $225,000
    0.50 Acres

    Commercial Land in Growing Madrid

    Half-acre commercial lot at a busy intersection in Madrid, Iowa.

    118 N Kennedy Ave, Madrid, IA 50156
    View details
    Des Moines Fourplex Near Drake
    $339,900
    2,492 SF

    Des Moines Fourplex Near Drake

    Fourplex near Drake University with updated units.

    1240 32Nd St, Des Moines, IA 50311
    View details
    Residential Land in Madrid, Iowa
    $145,000
    1.38 Acres

    Residential Land in Madrid, Iowa

    Residential land for sale in Madrid, Iowa.

    2281 Roadrunner Pl, Madrid, IA 50156
    View details
    Warren County Recreational Land
    $325,000
    19.74 Acres

    Warren County Recreational Land

    20-acre property with seclusion, natural beauty, and building potential.

    2553 Kennedy St, Prole, IA 50240
    View details
    35 Acres in Van Meter
    $2,050,000
    34.96 Acres

    35 Acres in Van Meter

    Nearly 35-acre parcel perfect for private estate or development.

    3512 Richland Rd, Van Meter, IA 50261
    View details
    Residential Land in Shell Rock, IA
    $79,999
    3.53 Acres

    Residential Land in Shell Rock, IA

    Land available in Timber Creek Estates, Shell Rock, Iowa.

    21109 Woodridge Ln, Shell Rock, IA 50670
    View details
    Shell Rock Acreage for Custom Home
    $84,999
    2.00 Acres

    Shell Rock Acreage for Custom Home

    Premium executive lots in Shell Rock, Iowa, for custom builds.

    21146 Woodridge Ln, Shell Rock, IA 50670
    View details
    LAND - Madrid, IA
    $824,000
    8.75 Acres

    LAND - Madrid, IA

    Agricultural land / Farmland

    1447 285Th Ln, Madrid, IA 50156
    View details
    Recreational Land with Stocked Lake
    $975,000
    111.00 Acres

    Recreational Land with Stocked Lake

    111 acres featuring an 18-acre stocked lake and hunting.

    1914 Windfall Ave, Charles City, IA 50616
    View details
    Residential Land in Ironwood Acres
    $75,000
    0.57 Acres

    Residential Land in Ironwood Acres

    Residential land for sale in Madrid's newest development.

    2292 Roadrunner Pl, Madrid, IA 50156
    View details
    Truro, Iowa Land Opportunity
    $36,000
    0.38 Acres

    Truro, Iowa Land Opportunity

    Quarter-acre lots for custom homes near Des Moines.

    430 N Hutchison St, Truro, IA 50257
    View details
    Truro, Iowa Land Opportunity
    $36,000
    0.33 Acres

    Truro, Iowa Land Opportunity

    Residential land for custom home, close to Des Moines.

    430 Scenic Dr, Truro, IA 50257
    View details
    Truro, Iowa Quarter-Acre Lots
    $36,000
    0.33 Acres

    Truro, Iowa Quarter-Acre Lots

    Quarter-acre lots for custom homes near Des Moines.

    440 Scenic Dr, Truro, IA 50257
    View details
    Truro, Iowa Land Opportunity
    $36,000
    0.33 Acres

    Truro, Iowa Land Opportunity

    Quarter-acre lots for custom homes near Des Moines.

    410 Scenic Dr, Truro, IA 50257
    View details
    Residential Land in Shell Rock, IA
    $79,999
    1.89 Acres

    Residential Land in Shell Rock, IA

    Residential land for sale in Shell Rock, Iowa.

    21250 Woodridge Ln, Shell Rock, IA 50670
    View details
    Residential Land in Shell Rock, IA
    $84,999
    1.97 Acres

    Residential Land in Shell Rock, IA

    Residential land for sale in Shell Rock, Iowa.

    21273 Woodridge Ln, Shell Rock, IA 50670
    View details
    Des Moines Multi-Unit Investment
    $505,000
    4,140 SF

    Des Moines Multi-Unit Investment

    Turnkey multi-unit property with income potential in Des Moines.

    1314 22Nd St, Des Moines, IA 50311
    View details
    Land in Growing West Des Moines
    $119,900
    0.20 Acres

    Land in Growing West Des Moines

    Land near Jordan Creek Town Center, quick access to I35/I80.

    369 Napoli Ave, West Des Moines, IA 50265
    View details
    Residential Land in Perry, Iowa
    Contact for pricing
    0.39 Acres

    Residential Land in Perry, Iowa

    Cleared, flat lot in Perry ready for your vision.

    Lucinda St, Perry, IA 50220
    View details
    Diamondhead Lake Buildable Waterfront Lot
    $149,900
    0.16 Acres

    Diamondhead Lake Buildable Waterfront Lot

    Buildable lot with lake access in a vibrant community.

    8362 Lakeshore Dr, Dexter, IA 50070
    View details
    Prime Commercial Land in Norwalk
    $479,160
    1.00 Acre

    Prime Commercial Land in Norwalk

    One-acre hard corner lot in growing Orchard Hills development.

    601 Orchard Hills Dr, Norwalk, IA 50211
    View details
    Residential Land in Waukee, Iowa
    $149,900
    0.25 Acres

    Residential Land in Waukee, Iowa

    Residential land for sale in Waukee, build your dream home.

    60 NW Wilder Ct, Waukee, IA 50263
    View details
    Des Moines Office/Warehouse Opportunity
    $425,000
    1.74 Acres

    Des Moines Office/Warehouse Opportunity

    Over 5000 sq ft building suitable for office or warehouse.

    2679 Maury St, Des Moines, IA 50317
    View details
    Norwalk, Iowa Agricultural Land
    $18,810,000
    209.00 Acres

    Norwalk, Iowa Agricultural Land

    209 acres of agricultural land in Norwalk, Iowa.

    Delaware And Sunset Dr, Norwalk, IA 50211
    View details
    Residential Lot in Valley View
    $92,000
    0.24 Acres

    Residential Lot in Valley View

    0.24 acre lot in Norwalk's Valley View Development.

    313 Walnut Dr, Norwalk, IA 50211
    View details
    Prime Corner Commercial Land Opportunity
    $1,100,000
    0.20 Acres

    Prime Corner Commercial Land Opportunity

    Two adjacent commercial properties on a prime corner with high visibility.

    104 1St St, West Des Moines, IA 50265
    View details
    Truro, Iowa Quarter-Acre Lots
    $36,000
    0.33 Acres

    Truro, Iowa Quarter-Acre Lots

    Quarter-acre lots for custom homes near Des Moines.

    445 N Hutchison St, Truro, IA 50257
    View details
    Truro, Iowa Quarter-Acre Lots
    $36,000
    0.33 Acres

    Truro, Iowa Quarter-Acre Lots

    Quarter-acre lots for custom homes near Des Moines.

    415 N Hutchison St, Truro, IA 50257
    View details
    Scenic River Valley Acreage
    $299,000
    3.00 Acres

    Scenic River Valley Acreage

    Acreage with privacy, views, and development potential near Des Moines River.

    285Th Ln, Madrid, IA 50156
    View details
    Land with Timber in St Charles
    $150,000
    5.53 Acres

    Land with Timber in St Charles

    5.5+/- acre lot with timber, ideal for custom home.

    Willow Bend Trl, Saint Charles, IA 50240
    View details
    Truro, Iowa Land Opportunity
    $36,000
    0.33 Acres

    Truro, Iowa Land Opportunity

    Build your dream home in charming Truro, Iowa.

    465 N Hutchison St, Truro, IA 50257
    View details
    Former Gas Station on High-Traffic Road
    $89,900
    0.81 Acres

    Former Gas Station on High-Traffic Road

    Gas station on almost an acre lot with newer pavement.

    401 S Country Rd, Toledo, IA 52342
    View details
    Des Moines Land Opportunity
    Contact for pricing
    0.13 Acres

    Des Moines Land Opportunity

    Residential land available in Des Moines for home or investment.

    1622 Martin Luther King Pkwy, Des Moines, IA 50314
    View details
    Scenic River Valley Acreage
    Contact for pricing

    Scenic River Valley Acreage

    Private acreage with panoramic views and development potential near Des Moines River.

    000 285Th Ln, Madrid, IA 50156
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

    Web Page
    View other agents
    in the same area
    Request Owner's contact information
    RE/MAX Precision
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    RE/MAX Precision
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!