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

501 E Hillcrest Avenue, Indianola, IA 50125

Land, Indianola, IA

Property SizeContact for details
Lot Size48.00 Acres
Days on Market101

Property Features for 501 E Hillcrest Avenue

General Information

Property type Land
Property subtype Other
Zoning Ag
Directions From highway 65/69 turn E onto E Hillcrest. Property is on the S side of the Rd.
Subdivision Indianola
Standard status Active
APN 49360000010
Lot size 48.00 Acres

Taxes and HOA fees

Tax Description 19-76-23 INDIANOLA CAL HULENS SUB DIV PCL AK LOT 1 SEE 49023190400/0428/0450 FOR REST OF PCL AK
Tax Annual Amount 4345
Legal Description 19-76-23 INDIANOLA CAL HULENS SUB DIV PCL AK LOT 1 SEE 49023190400/0428/0450 FOR REST OF PCL AK

Utilities

Sewer type Septic Tank
Water source Public
Listing Agency: Iowa Realty Indianola
Listed By: Josh Baker · License #S66145000
Added: May 22 Changed: Aug 19 Last Checked: Aug 30 at 5:06PM
MLS# 741416

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 48-acre commercial land tract at 501 E Hillcrest Avenue includes rolling terrain, multiple access points, a private 5-acre pond, and a home positioned on the north end of the property. Public water and a septic tank are identified for the site.

The property fronts Hwy 65/69 on the north side of Indianola, across from the Summercrest Hills area. The City of Indianola’s Comprehensive Plan designates the property for C-2 Commercial and Low/Med Density Residential uses, while the listed zoning is Ag. Surrounding businesses identified in the source include medical and professional offices, a pharmacy, gas station, credit union, car wash, wellness center, and retail development.

Key Highlights

  • 48 acres along Hwy 65/69 in Indianola
  • Private 5‑acre pond
  • Multiple access points and rolling terrain

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.

Lease Details

Yes
Highway access
Yes
Paved road access

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 - Commercial land with multiple access points, rolling terrain, and an existing home 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 along Hwy 65/69 in Indianola; Private 5‑acre pond; Multiple access points and rolling terrain
More about this property
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