01 S 15th Street, Indianola, IA 50125

An outstanding development opportunity awaits with this 28.68-acre m/l parcel ideally situated on the southeast side of Indianola. Boasting high-visibility frontage at the intersection of S 15th Street and Kennedy Street, this property is strategically located within city limits and directly across the street from Indianola Middle School and west of Pickard Park, an ideal setting for residential development. City utilities are readily available at the street, including sewer, natural gas, electric, and fiber internet provided by Indianola Municipal Utilities. City water is located at the northwest corner of the property along S 15th Street. Zoned R-2, the property supports a variety of housing options such as single-family homes, duplexes, townhomes, and rowhomes, making it a flexible investment for developers and builders alike. The parcel also includes approximately 25.83 tillable acres with an impressive CSR2 of 87.1, offering additional versatility or interim income potential. … read more …