Located inside the Indianola city limits, this 118+/- acre farm offers an outstanding opportunity for future residential development while producing immediate annual income. The property is currently rented for pasture and row crop production and generates $27,550 per year. With water and sewer available at the road, plus both east and west access, the tract features nearly 1/2 mile of paved road frontage -ideal for multiple points of entry. The pasture acres include a scenic pond, and the gentle topography sets up perfectly for a neighborhood-style subdivision. Zoned R1/R2 for future development, this is a rare chance to secure a sizable, city-limit tract with utilities in place -whether you're looking for an investment or additional farmland. All information obtained from seller and public records.
Legal: 34-76-24 INDIANOLA CAL RUNCIMAN SUB DIV LOT 7
735019
$2,450,000
Sale
Land
000 S Y Street
Indianola
Warren
IA
50125
Indianola
2209.13
Indianola
No
RE/MAX Precision, Brodie Wubben (515.371.5193)
Listed by : IOWA REALTY INDIANOLA, JOSH BAKER (515.559.4103)
Listed by : PEOPLES COMPANY, ERIC BOHNENKAMP (712.540.3756)