R57 Hwy Spring Hill, IA 50125
This exceptional commercial land opportunity in Indianola, Iowa, presents a unique investment prospect. Located on Highway R57 in Warren County, this property offers a range of lot sizes, from 2.01 to 7.05 acres, providing flexibility for various commercial developments. Situated within the desirable Indianola School District, the land boasts stunning views overlooking the Middle River Valley. The property is part of the Vista Ridge development, featuring two plats with a variety of lot types, including open space and wooded areas. Plat 1 comprises four lots (2.6 to 3.3 acres) with shared drive access, while Plat 2 includes fifteen lots (2 to 7 acres) arranged around two cul-de-sacs. Utilities are readily available, including rural water, Mid-American natural gas and electricity, and CenturyLink fiber optic internet. The property's covenants allow for outbuildings and some animals, offering a blend of rural living and community convenience. Possession is granted at closing, and financing options include cash or conventional loans. This is an ideal location for those seeking to build a custom home or develop a commercial project in a picturesque setting with easy access to the Des Moines Metro area.
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.