R57 Hwy Spring Hill, IA 50125
This exceptional 51-acre commercial land parcel presents a unique investment opportunity in Warren County, Iowa. Strategically located on Highway R57 between Indianola and Norwalk, it offers convenient access to the Des Moines metro area. The property boasts multiple secluded building sites ideal for executive homes, surrounded by agricultural land, wildlife, and enjoying southern exposure. Currently used for row crop production, approximately 44.97 FSA cropland acres are rated CSR2 of 62.3, having recently grown corn, soybeans, and grass hay. Stunning views are complemented by a meandering creek and mature timber. Infrastructure is readily available, including Warren Rural Water, Mid-American Electricity, and multiple high-speed internet providers. Access is enhanced by an established entrance off Hempstead Street and a newly installed (2023) crossing improving access to the entire acreage. The property, located in the Northwest and Southwest Quarters of Section 17, 'W' Lincoln Township, is zoned Agricultural. APN numbers are 14000170640
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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No recorded transactions found for this property.
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Risks
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