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Industrial Land with M-2 Zoning
For Sale
$1,898,400

G36 Highway, Indianola, IA 50125

Land, Indianola, IA

Property SizeContact for details
Lot Size30.20 Acres
Days on Market1182

Property Features for G36 Highway

General Information

Property type Land
Property subtype Other
Zoning M-2
Elementary school district Indianola
Middle school district Indianola
High school district Indianola
Directions From Highway 69, head east on E. Hillcrest Ave for one mile. The property lies south of E. Hillcrest Ave/Highway G36.
Subdivision Indianola
Standard status Active
APN 49023200440
Lot size 30.20 Acres

Taxes and HOA fees

Tax Description Exact legal description will be taken from Abstract.
Tax Annual Amount 1210
Legal Description Exact legal description will be taken from Abstract.
Listing Agency: Peoples Company
Listed By: Eric Bohnenkamp · License #S66897000
Added: Jun 20, 2023 Changed: Aug 19 Last Checked: Sep 13 at 3:06PM
MLS# 675748

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 30.2-acre m/l industrial land tract is located within the city limits of Indianola and carries M-2 General Industrial zoning. Permitted categories include agricultural sales and service, banking and financial services, construction sales and service, storage and warehouse operations, and automotive sales and service.

The property fronts the south side of Highway G36, approximately 1 mile from Highway 65/69 and 1.5 miles from Highway 92. Electricity is provided to the western half through Indianola Municipal Utilities and to the eastern half through MidAmerican Energy. Water and sewer are available nearby. The seller and city have agreed to extend utilities and road frontage to the east and south boundaries, with dirt work underway. The tract may be divided into smaller parcels.

Key Highlights

  • 30.2 acres m/l of industrial land
  • M‑2 (General Industrial) zoning
  • Frontage along the south side of Highway G36

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Parts Store HVAC Service Auto Repair Shop

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

34
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial development tract within city limits with highway access and multiple commercial and industrial use categories permitted.
Where is this industrial land located?
The property is located at G36 Highway Indianola, IA.
What is the asking price?
The asking price for this property is $1,898,400.
What are key features of this property?
This property features: 30.2 acres m/l of industrial land; M‑2 (General Industrial) zoning; Frontage along the south side of Highway G36
More about this property
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