0 15Th St Indianola, IA 50125
This exceptional 28.68-acre parcel presents a remarkable opportunity for residential development in Indianola, Iowa. Conveniently located across from Indianola Public High School within city limits, this R-2 zoned property allows for the construction of single-family attached dwellings. Existing infrastructure includes sewer access along the west property line and water service in the southwest corner. The land comprises approximately 25.83 FSA tillable acres with a CSR2 of 86.8, boasting fertile Macksburg silty clay loam, Sharpsburg silt clay loam, and Clearfield silty clay loam soil types. The property's APN is 49023290662. Buyers are advised to independently verify all utility information, availability, future plans, timelines, and locations with the City of Indianola to ensure accuracy and feasibility for their intended development plans. This offering presents a unique chance to build a thriving residential community in a desirable location. The asking price for this expansive tract is $1,003,800.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.