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 | MLS# 741416
This land located at 501 E Hillcrest Avenue, Indianola, IA 50125 is currently listed for sale with an asking price of $2,100,000. The property has approximately 48.00 Acres. Search Indianola real estate on joyce.hunzikerrealty.com today.
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 12:01:30 AM EST) or Central Iowa MLS (last updated Tue 06/02/2026 11:28:17 PM EST) or Des Moines MLS (last updated Tue 06/02/2026 11:32:27 PM EST). Real estate listings held by brokerage firms other than Hunziker & Associates, REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. Privacy Policy / DMCA Notice / ADA Accessibility
501 E Hillcrest Avenue | MLS# 741416
This land located at 501 E Hillcrest Avenue, Indianola, IA 50125 is currently listed for sale with an asking price of $2,100,000. The property has approximately 48.00 Acres. Search Indianola real estate on joyce.hunzikerrealty.com today.