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    S Ave Adel, IA 50003

    Pending
    For Sale
    Contact for pricing

    Other - Adel, IA

    Type:Farm
    Lot size:
    139.31 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for S Ave

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Pending
    APN
    1503400001
    Lot size
    139.31 Acres

    Building Details

    Architectural style
    Other

    Peoples Company (515) 961-0247

    Listing agent Steve Bruere (515) 222-1347

    Listing date Oct 8, 2025

    MLS# 6329523 Listing URL

    Copyright © 2025 RLI Farm & Ranch Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Auction Near Waukee

    139.31 surveyed acres will be sold at public auction on August 21st, 2025, at the Waukee Community Center in Waukee, IA. The land is located between Waukee and Adel, IA, within one of the fastest-growing corridors in the DM Metro. The property will be offered in three tracts and sold using the “Buyer’s Choice” auction method on a price-per-acre basis. Live virtual bidding will be available. The property lies within the City of Waukee’s 2040 Annexation Plan and directly borders Adel’s Priority Growth Areas. It is currently designated as Urban Reserve, a transitional zoning classification until municipal services become available. Development would require private utilities (well and septic), and any improvements would fall under Dallas Co. Zoning with coordination from both Waukee and Adel. Tract 1 contains 43.44 surveyed acres with an estimated 41.99 FSA cropland acres. Tract 2 contains 40.15 surveyed acres with an estimated 4.94 FSA cropland acres. Tract 3 contains 55.72 surveyed acres with an estimated 40.50 FSA cropland acres.
    Location Intelligence

    Current Use by Public Records

    Agricultural properties

    Map

    City
    Adel
    County
    Dallas
    State
    Iowa
    Longitude
    -93.935424
    Latitude
    41.583944

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    FAQs

    What type of property is this?
    Agricultural property - 139.31 acres near Waukee and Adel, Iowa. Auction on August 21st, 2025.
    Where is this agricultural property located?
    The property is located at S Ave Adel, IA.
    What is the asking price?
    The asking price for this property is $1.00.
    What are key features of this property?
    This property features: - 139.31 surveyed acres m/l located in a rapidly growing area between Waukee and Adel, IA.; - Situated within Waukee's 2040 Annexation Plan and borders Adel's Priority Growth Areas.; - Property offered in three tracts via 'Buyer’s Choice' auction method.
    (515) 222-1347
    Request Owner's contact information
    S Ave Adel, IA 50003
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    Realmo Value Estimation

    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

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    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.

    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
    S Ave Adel, IA 50003
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