Development Land
For Sale
Contact for pricing
Pending
00 240th Ave, Spencer, IA 51351
Gently rolling acreage with a planned 144-lot development concept near bike trails and area recreational attractions.
Property SizeContact for details
Days on Market120
Property Features for 00 240th Ave
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
Jensen Real Estate
(712) 320-7245
Listed By:
Michael Jensen · License #B58673000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 5:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jensen Real Estate
Investment Insights
Based on property information with market context.
This land parcel offers a rare development opportunity in the Iowa Great Lakes region, with gently rolling terrain and a concept layout shown for up to 144 lots. The property is being marketed as suitable for a range of residential and recreation-focused uses, including single-family homes, multi-family homes, and campground or resort-style development, with an option to hold for future investment.
The site is described as centrally located between Bridges Bay Resort and Pelican Ridge. It is approximately 600 feet from the bike trail system, 0.8 miles to a boat ramp, and 1.3 miles to Arnolds Park Amusement Park. The property is located at 00 240th Ave in Spencer, Iowa 51351.
Interested developers and buyers can review the included photo illustrating a potential layout for the 144-lot concept and evaluate the parcel for their intended development plan based on the property’s gently rolling character and nearby recreational access.
The site is described as centrally located between Bridges Bay Resort and Pelican Ridge. It is approximately 600 feet from the bike trail system, 0.8 miles to a boat ramp, and 1.3 miles to Arnolds Park Amusement Park. The property is located at 00 240th Ave in Spencer, Iowa 51351.
Interested developers and buyers can review the included photo illustrating a potential layout for the 144-lot concept and evaluate the parcel for their intended development plan based on the property’s gently rolling character and nearby recreational access.
Key Highlights
- Approximately 57.5 acres of gently rolling land for development
- Potential planned layout includes 144 lots
- About 600 ft from the bike trail system
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
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Business Placement
Demographics for 51351, IA
4,844
Population
3,104
Households
1.6
Avg Household Size
45
Median Age
31%
College-Educated
97%
High-School Grad
108.0 sq mi
ZIP Area
45
Density / Sq Mi
$67,628
Median Household Income
$39,913
Median Earnings
$904
Median Rent
$256,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Gently rolling acreage with a planned 144-lot development concept near bike trails and area recreational attractions.
Where is this residential land & home lot located?
The property is located at 00 240th Ave Spencer, IA.
What are key features of this property?
This property features: Approximately 57.5 acres of gently rolling land for development; Potential planned layout includes 144 lots; About 600 ft from the bike trail system
