Auction Information
Online Bidding Site37.75 Acres M/L - Dallas County, Iowa
Tract 1 consists of 37.75 acres m/l located just southeast of Van Meter and southwest of Booneville in Dallas County, Iowa. This parcel offers an incredible opportunity to own transitional development land near endless amenities in the West Des Moines Metropolitan Area.
Adjoining the City Limits of Van Meter, Iowa, this tract offers a wide variety of opportunities via multiple avenues of residential development. The parcel is slated within both the Van Meter and West Des Moines Comprehensive Plans as future residential zonings. The Van Meter area is a highly desirable, growing community, with the lowest level of available new construction home supply in the West Metro area. In 2023, 39 residential building permits were pulled in Van Meter, with 23 lots developed. Of the 23 developed lots, 20 new construction homes were sold in 2023.
According to both the Van Meter and West Des Moines C...
According to both the Van Meter and West Des Moines Comprehensive Plans, there is a future proposed beltway that would go through a portion of the property, offering very easy access to and from the parcel, as well as, offering potentially significant future upside to this parcel. Also within the plans is a proposed trail from the West Des Moines trail system that would run along Tabor Road on the west end of the property.
Warren Rural Water provides water to the site, with a 4" main spanning the west boundary of the property. Mid-American Energy is the electricity provider to the property and there is an additional high-voltage power line that runs through the northwest corner of the property.
While adjoining the City Limits of Van Meter, there is a moratorium agreement in place between Van Meter and West Des Moines, where all subdivision plats and plats of survey for this parcel will be reviewed by the City of West Des Moines. The City of West Des Moines has this parcel slated for Detached Residential Zoning.
The tract features a well-built, late 1960's, brick ranch home. The home features 1,656 square feet of finished living space on the upper level, with 3 bedrooms and 3 bathrooms. A full basement is underneath the home as well as a two-car attached garage. In addition to the dwelling, there are multiple outbuildings that could be used for housing equipment or toys. The dwelling and outbuildings will be sold in "as-is, where-is" condition.
Of the 37.75 acres m/l, there are 28.89 FSA cropland acres carrying a CSR2 value of 85.9. The primary soil types on this tract are highly productive Nevin and Colo silty clay loams. The farm is currently cash-rented, with an active lease in place for the 2024 crop year. The Winning Bidder will receive a cash rent credit at closing in the amount of $210 per tillable acre or $6,270.60 total.
This parcel is located just south of Highway F90, in Section 36 of Van Meter Township in Dallas County, Iowa.
*Per Iowa Code 445B, this property is exempt from the Septic System Inspection Requirement and the septic system servicing the home is in as-is condition, and no inspections, updates, or improvements will be made by the sellers.
**Potential Buyers and/or Buyer's Agents are not permitted to enter the dwelling or buildings without prior approval from the Listing Agent(s).
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Research Parcel InformationDirections
From Van Meter, Iowa: Head out of town on Highway R16 / Richland Road and travel south for 1 mile. Turn left and go east on Highway F90 / 360th Street for 2 miles. Turn right and go south on Tabor Road for 0.4 miles. The property will be located at the intersection of Tabor Road and 362nd Place.
From the Interstate 35 / Interstate 80 interchange: Head south on Interstate 35 for 3.5 miles. Take exit 69 and go west on Grand Avenue for 0.4 miles. Take a slight left turn and continue west onto Highway F90 / 360th Street for 6.5 miles. Turn left and go south on Tabor Road for 0.4 miles. The property will be located at the intersection of Tabor Road and 362nd Place.