Southeast 80th Street, Pleasant Hill, IA 50327 - Polk County

Residential Development Land Available in Pleasant Hill, Iowa near Southeast Polk High School

Peoples Company is pleased to represent the Bernadine Mills Trust in the sale of 419.24 acres m/l, to be offered in four individual tracts. Situated between Pleasant Hill and Runnells in Polk County, Iowa, this portfolio presents a solid investment opportunity for a variety of buyers. Whether you're looking for high-quality tillable farmland, development land near Southeast Polk High School, transitional development tracts, or rural residential acreage, this offering has something for you.

Tract 1, locally known as the Home Farm, consists of 133.71 acres m/l and is located in Pleasant Hill, Iowa, just south of Southeast Polk High School and NE University Avenue/Highway 163. The property includes predominantly Low-Density Residential zoning, with Rural Residential-zoned parcels off of SE 80th Street. Per the Pleasant Hill comprehensive plan, the land is located within a Priority Growth Zone, indicating that the land would be ideal for development and would easily be supported by the city's pre-existing infrastructure.

The City of Pleasant Hill maintains the current sanitary sewer infrastructure. which is located along the south and east boundaries of the property, with an existing lift station also located near the southeast corner of the property. Des Moines Water Works provides total service to the City of Pleasant Hill regional water utility and has 4" mains along the south and east boundary of the property. There is also a 24" ductile iron main on both the south and east boundaries of the property. While taps onto this main are not allowed, the size of the main suggests ample capacity to service this property at the slated zoning density.

The progressive city of Pleasant Hill published a market analysis that anticipates the community to double in size by 2050, resulting in the need for approximately 4,150 new residential units. The city is continuously looking to improve local amenities and infrastructure that support its long-term vision and growth projections. Recent projects include commerce parks, school improvements, business expansions, residential developments, infrastructure upgrades, a parkway connector to Downtown Des Moines, trail enhancements, and environmental improvements.

The property is currently utilized as a row crop farm, with an estimated 99.2 acres in production, carrying a CSR2 value of 79.4. The farm includes predominantly Tama and Clarion soil types, known for being two of the most productive soil types in Iowa. The property includes established terraces, waterways, and is known to have drainage tile (tile maps are not available), enhancing its agricultural viability. Multiple grain marketing options are conveniently located near the farm, including Landus and Heartland Cooperatives, as well as the ADM processing plant, ensuring strong market access for agricultural producers.

This is a prime opportunity to own a high-quality land asset that is located in the short-term path of development.

About The Tenant: The farm is currently rented by a reputable, long time tenant. The current tenant would have interest in continuing to rent and operate the farm. Please contact the listing agent for more information.

For more details, please contact the listing agent.