501 E Hillcrest Avenue, Indianola, IA 50125
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
501 E Hillcrest Avenue,Indianola, IA 50125
$2,100,000
- 48 Acres
- Lots / Land
- Active
Listed by: josh baker
Office: iowa realty indianola
MLS#:741416
Source:IA_DMAAR
Price summary
- Price:$2,100,000
About this home
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!...
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Home facts
- Listing ID #:741416
- Added:2 day(s) ago
- Updated:May 24, 2026 at 02:48 PM
Structure and exterior
- Lot area:48 Acres
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$2,100,000
- Tax amount:$4,345
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