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Property profile & analytics
OFF-MARKET
Land

G24 Hwy Indianola, IA 50125

10 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10-acre commercial land parcel, located on Highway G24 just north of Indianola, Iowa, presents a unique investment opportunity. Situated near Norwalk and the Des Moines metro area, this property boasts convenient access to essential utilities including Warren Water District rural water, Mid-American Energy electric, and multiple high-speed internet providers. A shared entrance, approved by the Warren County Engineers Office, ensures easy access. Currently enrolled in the Conservation Reserve Program (CRP) CP1, generating an annual payment of $2,442.19 through 2025 ($262.32/acre), the land offers an estimated 9.31 FSA cropland acres. The CRP program enhances conservation, improving soil, water, and air quality, while also providing wildlife habitat, attracting deer, turkey, pheasant, and various bird species. The property's Agricultural zoning allows for diverse development possibilities. The parcel is precisely located in Section 36 of Greenfield Township, Warren County, Iowa, with APN 05000360420. The asking price is $224,900. This property is ready for development and offers significant potential for future growth. The land will be surveyed and conveyed upon sale.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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