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0 Rock Creek Drive
Maxwell, IA 50161
40.25 Acre Land Auction · Land For Sale · 40.25 AC
Investment Highlights
- Residential Development
- Utilities Nearby
- Suburban Residential
PROPERTY FACTS Under Contract
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 40.25 AC |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 40.25 AC |
1 Lot Available
Lot
| Price | $1,003,800 | Lot Size | 40.25 AC |
| Price Per AC | $24,939 |
| Price | $1,003,800 |
| Price Per AC | $24,939 |
| Lot Size | 40.25 AC |
Description
Story County Development Land Available - Peoples Company is pleased to present 51.82 surveyed acres within the City of Maxwell, Iowa. The land will be offered in 2 tracts through a Sealed Bid Auction with bids due at 1:00 PM (CST) on Thursday, November 21st, 2024. The tracts are slated for residential development within growing Story County. Tract 2 is 40.25 surveyed acres of future residential development land in the city limits of Maxwell. The land is currently zoned R-S Suburban Residential (see attachments for Maxwell Code). A concept plan has been completed that would allow for 19 individual lots (see attached concept plan). The City of Maxwell has an existing 6" water main along Rock Creek Drive (see attached map). Tract 2 also has the potential for an executive building site with multiple building sites backing up to the recreational acres. This tract currently has approximately 22.85 acres of tillable land carrying a CSR2 of 78.6. Primary soil types include Farrar Fine Sandy Loam, Clarion Loam & Webster Clay Loam. The current farmer has done an excellent job and would like to continue to work with the new owner. The farm lease is open for development or cropping in 2025. The laterals of 1200 Rock Creek Drive encroach onto Tract 2. Contact agents for details.
PROPERTY TAXES
| Parcel Number | 15-22-405-001 | Improvements Assessment | $0 |
| Land Assessment | $89,900 | Total Assessment | $89,900 |
PROPERTY TAXES
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