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Industrial Land in Indianola, Iowa
For Sale
$1,898,400

G36 Highway, Indianola, IA 50125

LAND - Indianola, IA

Lot Size30.20 Acres
Days on Market1137

Property Features for G36 Highway

General Information

Property type Land
Property subtype Other
Zoning M-2
Elementary school district Indianola
Middle school district Indianola
High school district Indianola
Directions From Highway 69, head east on E. Hillcrest Ave for one mile. The property lies south of E. Hillcrest Ave/Highway G36.
Subdivision Indianola
Standard status Active
APN 49023200440
Lot size 30.20 Acres

Taxes and HOA fees

Tax Description Exact legal description will be taken from Abstract.
Tax Annual Amount 1210
Legal Description Exact legal description will be taken from Abstract.
Listing Agency: Peoples Company
Listed By: Eric Bohnenkamp · License #S66897000
Added: Jun 20, 2023 Changed: May 7 Last Checked: Jul 30 at 7:06PM
MLS# 675748

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. 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 property offers 30.2 acres of industrial development land within Indianola, Iowa, situated on the south side of Highway G36. Its location provides convenient access, being 1 mile from Highway 65/69 and 1.5 miles from Highway 92. The property is zoned M-2 (General Industrial), permitting uses such as Agricultural Sales/Service, Banks/Financial Services, Construction Sales/Service, Storage/Warehouse, and Automotive Sales/Service. Electricity is supplied to the western half of the property by Indianola Municipal Utilities, while MidAmerican Energy serves the eastern half. Water and sewer utilities are available nearby. The seller and the city have an agreement to extend utilities and road frontage to the east and south boundaries of the property, with dirt work currently in progress. The seller is willing to divide the property into smaller parcels.

Key Highlights

  • 30.2 acres m/l of prime industrial development land within Indianola city limits.
  • Zoned M‑2 (General Industrial) allowing for a wide range of uses including Agricultural Sales/Service, Banks/Financial Services, and Storage/Warehouse.
  • Conveniently located just 1 mile from Highway 65/69 and 1.5 miles from Highway 92.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop HVAC Service Spa & Massage Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 50125, IA

20,906
Population
8,039
Households
2.6
Avg Household Size
39
Median Age
34%
College-Educated
97%
High-School Grad
162.4 sq mi
ZIP Area
129
Density / Sq Mi
$86,463
Median Household Income
$42,822
Median Earnings
$975
Median Rent
$248,700
Median Home Value

Market

Properties on Market for Land in Indianola

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Land - 30.2 acres of industrial development land near major highways.
Where is this land located?
The property is located at G36 Highway Indianola, IA.
What is the asking price?
The asking price for this property is $1,898,400.
What are key features of this property?
This property features: 30.2 acres m/l of prime industrial development land within Indianola city limits.; Zoned M‑2 (General Industrial) allowing for a wide range of uses including Agricultural Sales/Service, Banks/Financial Services, and Storage/Warehouse.; Conveniently located just 1 mile from Highway 65/69 and 1.5 miles from Highway 92.
More about this property
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