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
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