7820 SE Vandalia Dr 6,484 SF Retail Building Runnells, IA 50237 $3,400,000 ($524.37/SF)

This 168-acre equestrian estate in Runnells, Iowa offers one of the most comprehensive private horse and veterinary facilities in the state. The property includes 41 horse stalls, 14 fenced pastures, nearly 37,000 linear feet of wood fencing, and a 4,300-square-foot exerciser and training arena. A state-of-the-art 6,700-square-foot equine veterinary clinic—extensively renovated within the past decade—brings unmatched functionality, featuring an operating suite, recovery room, pharmacy, radiant in-floor heat, integrated fly system, and heavy-lift cranes.
With 28 structures across 10 combined parcels, this property supports large-scale equine operations, breeding programs, or veterinary enterprises. Two residences, including a historic 1918 farmhouse and a unique caboose cabin, add versatility and immediate income generation through existing leases of $6,500 per month.
Located just 12 minutes from Prairie Meadows Racetrack and 20 minutes to the Des Moines metro, the site aligns rural tranquility with urban accessibility. Multiple development options exist, including future executive home sites, an equine research hub, or event venue operations. Offering substantial infrastructure such as paved roads, city water, multiple electric services, and a spring-fed creek, the property functions as both a turnkey solution and an investment opportunity unlike any other in Iowa.