000 Hwy 65/69, Indianola, IA 50125

$3,250,000

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.

Legal: see agent remarks