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$ 3,400,000
Est. payment /mo
New
7820 SE Vandalia DR Runnells, IA 50237
3 Beds
1 Bath
1,128 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Square Footage 1,128 sqft
Price per Sqft $3,014
MLS Listing ID 70220
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1918
Lot Size 168.000 Acres
Acres 168.0
Property Sub-Type Farm
Source Central Iowa Board of REALTORS®
Land Area 1128
Property Description
168-acre equestrian ranch and equine veterinary complex - one of the most extraordinary properties ever listed in the state of Iowa on beautiful rolling hills. 41 horse stalls, 14 fenced pastures, 28 total structures across 10 combined parcels, and a 6,700 SF turnkey equine vet clinic zoned Medical. 12 minutes to Prairie Meadows Racetrack. 20 minutes to Des Moines. 30 minutes to Iowa State University College of Veterinary Medicine in Ames.
The equestrian facility is built for serious, high-volume operations. A 72 x 162 main stable houses 32 stalls complete with a wash bay and barn living quarters. Additional stabling, a hay barn, a finished office, a finished kitchen and bath area, open porches, a lean-to, multiple pole barns, a utility building, and a 4,300 SF electric exerciser and training arena complete the complex. All 14 pastures are fully fenced with dedicated automatic waterers and loafing sheds -- one per pasture. 37,000 linear feet of wood fencing runs throughout the property. All interior roads are asphalt, paved frontage runs on three sides, and two bridges provide full access across the property. A manure incinerator is also on site.
The 6,700 SF equine veterinary clinic at 3350 SE 82nd Street was extensively remodeled approximately 5 to 6 years ago and has not been in use since - it is, for all practical purposes, brand new. The clinic features an operating room, a recovery room, a dedicated pharmacy build-out, in-floor radiant heat throughout, two boiler systems, dual crane lifts capable of handling heavy equipment, 4-foot wide doorways for large animal access, X-ray lighting built into the walls, microbial floor coating, an integrated fly system, an installed pressure washer, 8 interior stalls, a kitchen, and 2 bathrooms. A 60 x 120 covered arena sits directly adjacent on a neighboring parcel and could function in full conjunction with the clinic. Barndominium conversion is also possible with county approval.
The historic 1918 farmhouse at 7820 SE Vandalia Drive offers 1,128 SF of living area across the main level and a finished attic, plus a full basement, 182 SF enclosed porch, and a 662 SF deck. Currently tenant-occupied on a month-to-month basis - immediate cash flow for the new owner. A one-of-a-kind converted train caboose cabin adds 836 SF of entertainment and event space with a 796 SF wraparound deck.
Des Moines city water serves the site. A spring creek runs nearly year-round through 10 to 12 acres of oak timber. Five electric meters and a transformer power the full operation. Multiple executive building sites identified. Development potential along SE Vandalia Drive and SE 82nd Street. Southeast Polk School District. Polk County.
$6,500 per month in existing lease income - $78,000 per year - on month-to-month leases with 60-day notice. Property taxes approximately $17,582 per year.
This property is ideal for equine racing and breeding operations, large-animal veterinary practices, equine pharmaceutical companies, stem-cell research and treatment facilities, horse trainers, agri-developers, event and retreat venue operators, and cash flow investors. A one-of-a-kind property in Polk County, Iowa.
The equestrian facility is built for serious, high-volume operations. A 72 x 162 main stable houses 32 stalls complete with a wash bay and barn living quarters. Additional stabling, a hay barn, a finished office, a finished kitchen and bath area, open porches, a lean-to, multiple pole barns, a utility building, and a 4,300 SF electric exerciser and training arena complete the complex. All 14 pastures are fully fenced with dedicated automatic waterers and loafing sheds -- one per pasture. 37,000 linear feet of wood fencing runs throughout the property. All interior roads are asphalt, paved frontage runs on three sides, and two bridges provide full access across the property. A manure incinerator is also on site.
The 6,700 SF equine veterinary clinic at 3350 SE 82nd Street was extensively remodeled approximately 5 to 6 years ago and has not been in use since - it is, for all practical purposes, brand new. The clinic features an operating room, a recovery room, a dedicated pharmacy build-out, in-floor radiant heat throughout, two boiler systems, dual crane lifts capable of handling heavy equipment, 4-foot wide doorways for large animal access, X-ray lighting built into the walls, microbial floor coating, an integrated fly system, an installed pressure washer, 8 interior stalls, a kitchen, and 2 bathrooms. A 60 x 120 covered arena sits directly adjacent on a neighboring parcel and could function in full conjunction with the clinic. Barndominium conversion is also possible with county approval.
The historic 1918 farmhouse at 7820 SE Vandalia Drive offers 1,128 SF of living area across the main level and a finished attic, plus a full basement, 182 SF enclosed porch, and a 662 SF deck. Currently tenant-occupied on a month-to-month basis - immediate cash flow for the new owner. A one-of-a-kind converted train caboose cabin adds 836 SF of entertainment and event space with a 796 SF wraparound deck.
Des Moines city water serves the site. A spring creek runs nearly year-round through 10 to 12 acres of oak timber. Five electric meters and a transformer power the full operation. Multiple executive building sites identified. Development potential along SE Vandalia Drive and SE 82nd Street. Southeast Polk School District. Polk County.
$6,500 per month in existing lease income - $78,000 per year - on month-to-month leases with 60-day notice. Property taxes approximately $17,582 per year.
This property is ideal for equine racing and breeding operations, large-animal veterinary practices, equine pharmaceutical companies, stem-cell research and treatment facilities, horse trainers, agri-developers, event and retreat venue operators, and cash flow investors. A one-of-a-kind property in Polk County, Iowa.
Location
State IA
County Polk
Zoning Res/Med
Rooms
Basement Unfinished
Primary Bedroom Level No
Bedroom 2 No
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Hardwood
Exterior
Fence Fenced
Street Surface Hard Surface
Porch Enclosed Porch, Wood Deck
Road Frontage Private Road, Maintained
Garage Yes
Building
Lot Description Rolling Slope
Foundation Brick/Mortar
Sewer Septic Tank, Public Sewer
Structure Type Steel Siding
Schools
School District Southeast Polk
Others
Special Listing Condition Standard
Listed by RE/MAX REAL ESTATE CENTER
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