50261 IA Properties for Sale in Van Meter with MLS # 704537
$4,190,250
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General 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.
Legal: 113.25 ACRES IDENTIFIED AS PARCELS 1536400008, 1536400003, & 1536200004 IN SECTION 36 / TOWNSHIP 78N / RANGE 27 W.
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Aaron Sells Des Moines Real Estate and Real Estate Group provides these covenants/bylaws/horizontal propoerty regime declarations as a convenience, and in no way guarantees the accuracy of these documents, and in no way represents that these documents are up to date and/or legally binding. It is the responsibility of any potential buyer, seller, investor, and/or real estate agent to contact any association contact and/or the Dickinson County recorder's office in order to satisfy themselves as to the very latest available documents.
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