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Residential Land in Lester, Iowa

502 Prairie Lane, Lester, IA 51242

For Sale
$60,500

Building Site/Land, Lester, IA

Property SizeContact for details
Lot Size0.45 Acres
Days on Market474

Property Features for 502 Prairie Lane

General Information

Property type Land
Property subtype Other
Directions NE corner of Lester
Subdivision Surrounding Areas/Other Areas
Standard status Active
APN 370000015404200
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MEADOWVIEW 2ND ADD LOT 2 BLK 1
Tax Annual Amount 14
Legal Description MEADOWVIEW 2ND ADD LOT 2 BLK 1
Listing Agency: Ameri/Star Real Estate, Inc
Listed By: Jessica Mogler
Added: Jul 24, 2025 Changed: Nov 4 Last Checked: Nov 9 at 2:06PM
MLS# 829605

Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This property is located in a new development in Lester, Iowa, which features several recently constructed homes. The lot is suitable for constructing a home with either a slab on grade or a full basement. The development includes paved streets and sidewalks, as well as curb and gutter. City sewer and water services are available. The lot size is approximately 0.45 acres.

Key Highlights

  • New home construction opportunity in Lester, Iowa.
  • Ideal for building a custom dream home.
  • Small town community with "hometown" appeal.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

Demographics for 51242, IA

344
Population
140
Households
2.5
Avg Household Size
34
Median Age
23%
College-Educated
96%
High-School Grad
5.4 sq mi
ZIP Area
64
Density / Sq Mi
$86,406
Median Household Income
$39,643
Median Earnings
$185,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Residential land for sale in a developing Iowa community.
Where is this land located?
The property is located at 502 Prairie Lane Lester, IA.
What is the asking price?
The asking price for this property is $60,500.
What are key features of this property?
This property features: New home construction opportunity in Lester, Iowa.; Ideal for building a custom dream home.; Small town community with "hometown" appeal.
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