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Commercial Land with Pond
For Sale
$2,100,000

501 E Hillcrest Avenue, Indianola, IA 50125

Large commercial tract with a private pond, rolling terrain, multiple access points, and a residence on the north end.

Property SizeContact for details
Days on Market51

Property Features for 501 E Hillcrest Avenue

General Information

Standard status Active
Property subtype Land
Zoning Ag

Taxes and HOA fees

Annual Taxes $4,345
Listing Agency: Iowa Realty-Ankeny
Listed By: Kelsey Russell · License #S65165000
Source: Thecornerstonecollective.idxbroker
Added: Jul 11 Changed: Aug 29 Last Checked: Aug 25 at 8:17AM

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 Iowa Realty-Ankeny

Investment Insights

Based on property information with market context.

This commercial land tract encompasses 48± acres with rolling terrain, a private 5-acre pond, and multiple access points. A residence occupies the north end of the property, adding an existing improvement to the site. Current zoning is Ag.

The property extends along Hwy 65/69 at 501 E Hillcrest Avenue in Indianola and is positioned across from the Summercrest Hills area. Nearby uses identified in the surrounding corridor include medical and professional offices, a pharmacy, gas station, car wash, credit union, retail space, wellness facilities, and a construction office. The City of Indianola’s Comprehensive Plan designates the property for C-2 Commercial and Low/Med Density Res, providing a stated planning framework for future commercial and residential development considerations.

Key Highlights

  • 48± acres of commercial land along Hwy 65/69
  • Private 5‑acre pond included on the property
  • Rolling terrain with multiple access points

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon HVAC Service Parking Lot & Garage

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

372
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
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 - Large commercial tract with a private pond, rolling terrain, multiple access points, and a residence on the north end.
Where is this commercial land located?
The property is located at 501 E Hillcrest Avenue Indianola, IA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 48± acres of commercial land along Hwy 65/69; Private 5‑acre pond included on the property; Rolling terrain with multiple access points
More about this property
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