Tabor Road Van Meter, IA 50261

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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. 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. 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.