$4,190,250

00000 TABOR Road, Van Meter, IA 50261

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon113.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

Discover the potential of three combined parcels of land strategically located between the burgeoning areas of Van Meter and West Des Moines. This prime investment opportunity is perfectly situated to benefit from the anticipated growth of West Des Moines, making it a standout choice for developers and investors alike. The property boasts convenient access to essential utilities, with a 4" water service from the Warren Water District running along Tabor Road up to 360th/F90. According to the City of West Des Moines’ comprehensive plan, this site is designated for Detached Residential use, which is designed to accommodate primarily single-family homes up to a density of 10 dwelling units per acre. This zoning ideal supports the creation of walkable neighborhoods and conventional subdivision designs, integrating a variety of lot sizes with close proximity to parks and open green spaces. In addition to its developmental promise, the land is currently generating income, with total rent for 2023 reaching $21,250 from 85 acres leased at $250 per acre. This farm is actively leased for 2025, providing a steady return. Moreover, West Des Moines 2022 transportation master plan highlights the future freeway set to pass near the property, further enhancing its accessibility and attractiveness for residential development. Seize this opportunity to invest in a promising future with property that aligns perfectly with West Des Moines' growth trajectory.

Listing Status:
Active
Date Added:
September 20, 2024 at 05:00AM
Listing Office:
Kiloterra : (515) 993-7800
Listing Agent:
Chris Wearmouth : (515) 993-7732
MLS ID:
704537
  • Road/Access: Gravel
  • Originating MLS: DMAAR
  • School District: Van Meter
  • County: Dallas

This listing courtesy of Chris Wearmouth, Kiloterra

Location

Schools Nearby

V

Van Meter Elementary School

520 1st Ave, Van Meter, IA, 50261

Grades KG-5

2.97 miles away

V

Van Meter Middle School

520 1st Ave, Van Meter, IA, 50261

Grades 6-8

2.97 miles away

V

Van Meter High School

520 1st Ave, Van Meter, IA, 50261

Grades 9-12

2.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.