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Commercial Land with Highway Frontage
For Sale
$129,000

158 Lake Drive, Melrose, IA 52569

Land, Melrose, IA

Property SizeContact for details
Lot Size2.76 Acres
Days on Market436

Property Features for 158 Lake Drive

General Information

Property type Land
Property subtype Other
Directions On the corner of S70 and Lake Drive. Call listing agent for directions.
Standard status Active
APN 12017250001015
Lot size 2.76 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Lot 15 Lago Vista Sub
Legal Description Lot 15 Lago Vista Sub

Building Details

Architectural style Other
Listing Agency: Boutique Real Estate
Listed By: Tiffany Ehler · License #***
Added: Jun 30, 2025 Changed: Sep 7 Last Checked: Sep 8 at 11:06AM
MLS# 6329204

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2.76-acre commercial land parcel is positioned at the entrance to Lago Vista and has direct frontage on Hwy S70. The site is identified for business, shop, or mixed-use development serving the Lake Rathbun area.

Rathbun Regional Water, Chariton Valley Electric, and fiber internet are available at the lot line, providing established utility access for future site planning. The parcel is located at 158 Lake Drive in Melrose, Appanoose County, Iowa, with highway access along its frontage.

Key Highlights

  • 2.76‑acre commercial land parcel
  • Direct frontage on Hwy S70
  • Located at the entrance to Lago Vista

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

Demographics for 52569, IA

609
Population
518
Households
1.2
Avg Household Size
55
Median Age
8%
College-Educated
94%
High-School Grad
100.4 sq mi
ZIP Area
6
Density / Sq Mi
$48,333
Median Household Income
$37,222
Median Earnings
$71,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial parcel with water, electric, and fiber service at the lot line.
Where is this commercial land located?
The property is located at 158 Lake Drive Melrose, IA.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: 2.76‑acre commercial land parcel; Direct frontage on Hwy S70; Located at the entrance to Lago Vista
More about this property
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