Technical
Financial
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Property profile

8 Acre Runnells, IA 50237

OFF-MARKET
Land
8.06 ac lot
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Property summary

AI-generated overview

This 8.06-acre lot in Runnells, Iowa, offers a unique blend of rural tranquility and convenient access to urban amenities. Zoned Transitional Agricultural, it presents numerous building options, from a single-family home to multiple structures. The property boasts a heavily wooded rear section teeming with wildlife, including deer, turkey, and various mushrooms. Two potential pond sites add to the property's natural appeal. Utilities are available at the street, ensuring convenient hookups. The paved road access provides easy commuting, while the location offers a peaceful retreat just minutes from Altoona and Pleasant Hill. Nearby schools include SE Polk High School and Runnells Elementary. A short 12-minute commute to downtown provides easy access to urban conveniences. The asking price is $349,000, translating to $45.78 per acre. This exceptional property is ideal for those seeking a secluded yet accessible acreage in a desirable Iowa location. Polk County location and 50237 zip code.

Property profile

Verified
Property type Land
Lot 8.06 ac (351,094 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8 Acre Runnells, IA 50237
Runnells metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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