3 Badger Crk Rd Booneville, IA 50038
This exceptional 96.9-acre commercial land parcel presents a unique investment opportunity in Van Meter, Iowa. Located in Madison County, specifically Section 13 of Lee Township off Badger Creek Road (APN: 111021326011000), this property boasts a diverse landscape. Approximately 12.36 acres are tillable, with a CSR2 of 64.6, while the remaining acreage comprises lush pasture and timber. Two existing ponds enhance the property's recreational appeal, with potential for a larger pond given the topography. The land offers stunning views of the surrounding countryside from its elevated hilltop location, while existing tree lines ensure privacy. Zoned for agriculture, this property is ideally suited for a variety of uses, including livestock, a hobby farm, or even a riding arena. A newly installed driveway provides convenient access from Badger Creek Road. Utilities, including rural water and MidAmerican Energy electricity, are available at the road. The property's proximity to Van Meter (under 10 minutes) and West Des Moines (20 minutes) combines rural tranquility with urban convenience. The highly-rated Van Meter School District adds to its desirability. Adjacent acreage is also potentially available. The asking price is $1,211,250. The property is open for the 2025 crop season. This location offers significant potential for future development, situated across from Badger Creek State Park.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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