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0 Beds
0 Baths

$2,100,000

501 E Hillcrest Avenue, Indianola IA, 50125

Price per sqft$1.01
Lot size47.78 Acres
Property typeLand

Overview

Active

Listed May 22, 2026

Updated Jun 12

Looking for a 1031 Exchange property? A rare opportunity on Indianola’s thriving north side. This 48± acre development site sits in one of the most active commercial corridors in Warren Co. positioned directly along Hwy 65/69 and surrounded by established, high-performing businesses. With the City of Indianola’s Comprehensive Plan designating this property for C-2 Commercial & Low/Med Density Res, the site offers exceptional flexibility for mixed-use development, commercial expansion, or long-term investment. Located across from the nearly built-out Summercrest Hills area—home to medical clinics, specialty providers, pharmacy, dental offices, chiropractic care, attorney offices, gas station, construction office, credit union, car wash, the Indianola Wellness Center, a new retail strip center, and the future sports complex/fieldhouse—this property sits squarely in the path of Indianola’s north-side growth. The land includes a private 5-acre pond, rolling terrain, multiple access points, and a home on the north end that can generate immediate rental income. Whether held as a strategic investment or developed immediately, this property offers unmatched location & long term upside. Rare Scale. Opportunities like this don't come along often!

Additional information

MLS® ID
741416

Exterior Features

Lot Size
47.78 Acres

Other Property Details

Taxes
$4,345
Tax Frequency
Annually

 

Courtesy of Iowa Realty Indianola, Josh Baker,
Listing Contact: 515-453-6616 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Slavin & Partners shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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