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$3,250,000
746827 MLS
This 252 +/- acre development opportunity is located within the Indianola city limits, offering a rare combination of current agricultural income and substantial residential development potential. The property currently generates approximately $37,191 annually from row-crop production, allowing a buyer to collect income while planning for future development. Located inside the city limits this property is perfect for investors, developers and farm operators. The farm is positioned along Highway 65/69, near existing residential neighborhoods, Indianola schools, and established city growth. The large contiguous acreage, highway visibility, rolling terrain, wooded draws, and multiple access possibilities create potential for a thoughtfully designed residential community with a mix of homesites, green space, trails, and natural features. Unlike rural farmland located miles from municipal infrastructure, this property is already situated within a growing community and directly adjacent to existing development. This location provides access to city water, sanitary sewer, streets, and other municipal services, subject to availability, engineering, rezoning, subdivision approval, and City of Indianola requirements. This is an opportunity to acquire a large income-producing tract in the path of Indianola's continued residential growth. All information obtained from seller and public records.

000 Hwy 65/69, Indianola

$130,000
744119 MLS
I'm pleased to market this 2.2-acre building site on Kennedy Street, just east of Indianola, Iowa, and only a half mile off of Highway S23 pavement. This property offers incredible views in every direction of the rural Iowa countryside, state-owned recreational land, agricultural fields, and a wide variety of wildlife. The topography of this tract is excellent and conducive for daylight, flat, and walkout construction. Being on the north side of Kennedy Street, the property offers beautiful southern exposure, overlooking agricultural fields and protected, State of Iowa-owned land. The property offers access to many amenities and all needed utilities, including Warren Rural Water District services, Mid-American Electricity, multiple high-speed internet providers, and hundreds of acres of public hunting and recreational land within a mile of the property. The Seller will convey an easement from adjoining property to the east as well as a driveway to service the parcel. The driveway will be at the crest of the hill on Kennedy Street. This parcel is located within the desirable Indianola Community School District and is only 5 miles from Indianola High School, Middle School, and Emerson Elementary. The small town of Milo, Iowa, is only a short distance away as well, being only 5 miles southeast and offering multiple restaurants, shops, a gas station, and a meat locker.

00 Kennedy Street, Indianola

$225,000
743634 MLS
Presenting an exceptional 10-acre m/l building site located at the corner of Elk Horn Street and 155th Avenue, just under a half-mile off pavement near Indianola, Iowa. This premier property offers a fantastic opportunity to build your dream home in a peaceful rural setting while maintaining convenient access to nearby communities. This attractive property features gently rolling topography and stunning views of the surrounding Warren County countryside, providing the perfect backdrop for a private homesite. Located within the highly sought-after Indianola School District, this property combines the benefits of country living with strong community amenities. Rural water and electricity are available at the road, making this site ready for development. Affordable acreage opportunities of this size and quality are increasingly difficult to find in Warren County. Enjoy the convenience of a short drive to several key destinations, approximately 10 minutes to Indianola, 15 minutes to Norwalk, and 20 minutes to Des Moines, allowing for an easy commute while still enjoying the privacy and tranquility of rural Iowa. Two driveways are already in place, offering access off both Elk Horn Street and 155th Avenue. Don't miss this opportunity to own an affordable, well-located, scenic building site with proximity to the Des Moines Metro.

11620 Elk Horn Street, Indianola

$250,000
742352 MLS
Prime 1.92-Acre Commercial Lot on Hwy 92 in Indianola! Boasting flexible C-2 zoning, this flat, fully cleared parcel is ready for immediate development. This site features unbeatable visibility and highway frontage with 16,000+ AADT traffic counts at the nearby Hwy 92/65 intersection. Save on upfront building costs with municipal utilities (water, sewer, electric, and fiber) accessible at the lot boundary. Features an established shared access point next to Indianola Mechanical and backs up to mature trees by DeNelsky Park. Ideal for retail, office, medical, or restaurant use. Minutes from local schools and residential hubs. Don't miss one of the last large commercial footprints on E 2nd Ave! All information obtained from seller and public records.

711 E 2nd Avenue, Indianola

$225,000
741609 MLS
Rare opportunity to build on 2 scenic acres on pavement in the desirable Indianola School District! This beautiful property features a pond, built in 1998 with well fed, mature trees around 25 years old, and a peaceful setting that feels tucked away while still offering convenient access to town. Utilities are available at the road, and the county-approved survey has already been completed. Whether you’re dreaming of a custom home with privacy, space to enjoy nature, or a walkout setting surrounded by trees, this property offers endless potential. Enjoy the beauty of country-style living with the convenience of pavement and nearby amenities. Shown by appointment only, please do not walk the property without permission. Shared drive approved by county and responsibility of buyer to put in.

TBD R57 Highway, Indianola

$232,000
741435 MLS
Escape to the peace and privacy of country living with this beautiful 19.99-acre property located just outside of Liberty Center and only 20 minutes from Indianola. Offering an excellent build site opportunity, this property features stunning countryside views and endless potential to create your dream home, hobby farm, or private rural retreat. Conveniently located only 0.75 miles off pavement with utilities available at the road, the property also sits just 1 mile from Southeast Warren High School, providing the perfect balance of rural living and convenience. The rolling topography offers potential for a future pond site, adding even more opportunity to enhance the property. Whether you’re looking for room for livestock, recreation, or simply space to enjoy the outdoors, this acreage provides a rare opportunity to make your vision a reality. Property Highlights: Warren County, IA 20 M/L Acres Building Site Potential Close Proximity to SEW High School 10 Minutes to Milo, 20 Minutes to Indianola Estimated taxes $134 Parcel #11000140691

Tyler Street, Lacona

$2,100,000
741416 MLS
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!

501 E Hillcrest Avenue, Indianola

$239,000
736327 MLS
Presenting 10.22 acres on Hayes Street, just east of Highway R57 in Indianola, Iowa. The property is ideally situated between Indianola and Norwalk. This executive homesite offers a rare combination of location convenience, and rural charm, just off pavement in a highly sought-after area of northwest Warren County, Iowa. The properties feature gently rolling topography, offering flexibility for a variety of home designs, including flat, daylight, or walkout configurations. Additional highlights include approved driveway locations, access to rural water through Warren Water District, electricity provided by MidAmerican Energy, and multiple high-speed internet options. Located within the desirable Indianola Community School District, these sites are only 7 miles from town and within close proximity of West Des Moines, Norwalk, and Cumming—providing a full range of amenities including shopping, dining, and recreation. The Des Moines International Airport is also conveniently located just 11 miles north. A property survey has already been completed, making this a turn-key opportunity to build your dream home in a scenic and accessible location in short order. Please contact the Listing Agent for more information about this property.

03 Hayes Street, Indianola

$239,000
736320 MLS
Presenting 11.54 acres on Hayes Street, just east of Highway R57 in Indianola, Iowa. The property is ideally situated between Indianola and Norwalk. This executive homesite offers a rare combination of location convenience, and rural charm, just off pavement in a highly sought-after area of northwest Warren County, Iowa. The properties feature gently rolling topography, offering flexibility for a variety of home designs, including flat, daylight, or walkout configurations. Additional highlights include approved driveway locations, access to rural water through Warren Water District, electricity provided by MidAmerican Energy, and multiple high-speed internet options. Located within the desirable Indianola Community School District, these sites are only 7 miles from town and within close proximity of West Des Moines, Norwalk, and Cumming—providing a full range of amenities including shopping, dining, and recreation. The Des Moines International Airport is also conveniently located just 11 miles north. A property survey has already been completed, making this a turn-key opportunity to build your dream home in a scenic and accessible location in short order. Please contact the Listing Agent for more information about this property.

00 Hayes Street, Indianola

$1
732153 MLS
Build-to-Suit Commercial & Rural Opportunity on Nevada Street Pavement – Indianola, Iowa An exceptional commercial and rural development opportunity is available for lease or sale on paved Nevada Street in Indianola, Iowa, offering flexibility, visibility, and convenience within a growing market. The property is already zoned for commercial or rural commercial use, making it well suited for users seeking a custom-built solution tailored to their operational needs. A comprehensive list of permitted uses is available in the attachments section of the listing. This opportunity is flexible in structure, offering either a build-to-suit option with a minimum five-year lease or a build-and-sell scenario for owner-users. The experienced development team will work collaboratively with the tenant or buyer throughout the design and construction process, incorporating user input to create a facility that meets operational needs while aligning with the long-term vision for the property. The site features ample utility capacity (water, electricity, natural gas) and paved road access, allowing construction to begin immediately. Estimated lead time from construction start to completion is approximately six months. Buildings can be designed to current needs with the ability to accommodate future expansion, providing long-term flexibility as operations grow.

Nevada Street & 118th Avenue, Indianola

$949,500
730156 MLS
99± Acre Cattle & Grain Farm – Turnkey Beef Operation 17021 Tyler St, Lacona, IA 50139 Exceptional 99± acre cattle and grain farm in southern Warren County featuring 45± tillable acres for crops or hay, with the balance in pasture, recreation, and two ponds. The setup includes a 365’ x 48’ hoop feed building with 7 paddocked lots, 4 automatic waterers, curtain vents, and capacity for 320 head. Additional improvements include a 45’ x 35’ commodity shed, 20,000-bushel Sukup grain bin with dryer, and 42’ x 63’ Morton machine shed. Heavy-duty fencing, concrete pads, and bunks provide a clean, efficient livestock layout. The 1,100± sq. ft. ranch home offers 2 beds, 1 bath, a full basement, and a new septic system — located just one mile off pavement, ideal for an owner-operator or family seeking comfortable country living. A ready-to-go operation blending feedlot, pasture, and tillable acres — built for efficiency and long-term success. Directions: From Lacona, west on Hwy G76 (6.1 mi), north on Hwy 65 (1.5 mi), east on Tyler St (1 mi). Property on left. Parcels: 1100014066, 1100014069, 11000140640

17021 Tyler Street, Indianola