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    8 Acre Runnells, IA 50237

    • Land
    • 8.06 lot acres
    For Sale
    View listing
    $349,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 8 Acre

    Lot size
    8.06 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Runnells
    County
    Polk
    State
    Iowa
    Longitude
    -93.359
    Latitude
    41.5323

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      103 Brown St

      RESTAURANT • 3,200 SF
      103 Brown St, Runnells, IA 50237-7721
      View Details
    • Value Estimation
      $145,000
      1,545 SF

      200 Brown St

      SERVICE STATION (FULL SERVICE) • 1,545 SF
      200 Brown St, Runnells, IA 50237-1086
      View Details
    • Value Estimation by Request
      108 SF

      204 Hancock St

      COMMERCIAL (GENERAL) • 108 SF
      204 Hancock St, Runnells, IA 50237-7723
      View Details
    • Value Estimation by Request
      3,360 SF

      110 Maple St

      WAREHOUSE, STORAGE • 3,360 SF
      110 Maple St, Runnells, IA 50237
      View Details
    • Value Estimation by Request
      7,680 SF

      645 80th St

      WAREHOUSE, STORAGE • 7,680 SF
      645 80th St, Runnells, IA 50237
      View Details
    • Value Estimation
      $360,000
      348 SF

      Runnells, IA 50237

      RADIO OR TV STATION • 348 SF
      Runnells, IA 50237
      View Details

    Similar Nearby for Sale

    • $349,000
      8.06 Acres

      8 Acre Iowa Building Lot

      Secluded acreage near Altoona, Iowa.
      8 Acre, Runnells, IA 50237
      View Details
    • $349,000

      Runnells Acreage with Building Options

      8-acre lot suitable for single-family or multiple structures.
      SE 72Nd St, Runnells, IA 50237
      View Details
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    8 Acre
    Runnells, IA 50237
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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