Listing Agency: Hawkeye Farm Mgmt & Real Estat

Listed By: Ryan Ammons · License #IA S61896 Show Phone

Source: Crexi

Added: Apr 11 Changed: Sep 4 Last Checked: Sep 7 at 8:20AM

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Investment Insights

Based on property information with market context.

This 23-acre development land parcel is currently farmed and zoned commercial. The property includes productive soils, with a CSR2 of 33.2, and its majority soil types are Armstrong and Clarinda. Based on the stated zoning and allowable use flexibility, the land can be used for agricultural purposes, housing, duplex/condos, or single-family dwellings.

The property sits about one-quarter mile to Lake Rathbun. Nearby points of reference include Bridge View Bait & Tackle and Bridge View State Park.

For planning purposes, the combination of commercial zoning and established farmland use may support a range of development concepts, while preserving the ability to leverage the property’s current agricultural management.

Key Highlights

• 23‑acre development land located about 0.25 mile to Lake Rathbun
• Zoned commercial, with flexibility for ag, housing, duplex/condos, and single‑family dwellings
• Land is currently farmed

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant

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

5

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Development land zoned commercial, currently farmed, with proximity to Lake Rathbun and nearby Bridge View amenities.

Where is this commercial land located?

The property is located at 11323 Highway S70 Melrose, IA.

What are key features of this property?

This property features: 23‑acre development land located about 0.25 mile to Lake Rathbun; Zoned commercial, with flexibility for ag, housing, duplex/condos, and single‑family dwellings; Land is currently farmed