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Lot/land
    • Price cut: $828.3K (2/26)
    $5,500,000

    Magnolia Rd, Underwood, IA 51576

    --beds
    0baths
    105.56Acres
    Unimproved Land
    Built in ----
    105.56 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime tract of landLarge tract
    This prime tract of land is well positioned for various commercial or industrial uses given its phenomenal location at the Underwood exit of Interstate I-80. Highly visible, and easily accessible, this large tract offers great development opportunity for a large scale project, or could be subdivided for multiple smaller users. The site has access to both Regional Water and City Sewer utilities along Magnolia Rd as well as the option to connect to natural gas and electricity services through MidAmerican Energy.
    20 days
    |
    87
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: November 21, 2025 at 02:12pm

    Listed by:

    John H. Jerkovich 712-325-0445,

    Heartland Properties,

    Mark Hanwright 402-516-6670,

    Heartland Properties

    Source: SWIAR,MLS#: 24-2291

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Lot
      • Size: 105.56 Acres
      • Dimensions: 105.56 AC M/L
      • Topography: Level, Sloping, Other - See Remarks
      Details
      • Parcel number: Multiple 7642 16 400 006
      • Zoning: Unknown

      Utilities & green energy

      • Sewer: City Available

      Community & HOA

      Location
      • Region: Underwood

      Financial & listing details

      • Date on market: 11/18/2024
      • Listing terms: Cash,Conventional,Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/26/2026Price change$5,500,000-13.1%
        Source: SWIAR #24-2291 Report a problem
        11/18/2024Listed for sale$6,328,322
        Source: SWIAR #24-2291 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Boost your down payment with 6% savings match

        Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: 51576

        Getting around

        0 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Underwood
        • Middle: Underwood
        • High: Underwood

        Source: SWIAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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