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    For Sale (41)

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    Residential Land in Brooklyn, Iowa
    $58,000
    0.21 Acres

    Residential Land in Brooklyn, Iowa

    Residential land with utilities ready for development in Brooklyn, Iowa.

    1288 Lakeshore Dr, Brooklyn, IA 52211
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    Commercial Land in Indianola, Iowa
    $389,900
    1.63 Acres

    Commercial Land in Indianola, Iowa

    1.63 acre commercial land for sale in Indianola, Iowa.

    300 S 21 St, Indianola, IA 50125
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    277 Acres in Indianola, Iowa
    $2,450,000
    277.00 Acres

    277 Acres in Indianola, Iowa

    277 acres of agricultural land with development potential.

    69 Highway 65, Indianola, IA 50125
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    Fenced Agricultural Land with Barn
    $185,000
    10.00 Acres

    Fenced Agricultural Land with Barn

    10-acre fenced parcel in Clarke County with a newly constructed barn, livestock corrals, and utilities available.

    3180 Mccomb St, Woodburn, IA 50275
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    Norwalk, Iowa Land For Sale
    $575,000
    26.17 Acres

    Norwalk, Iowa Land For Sale

    26.17 acres of land near Des Moines Airport.

    1 Border St, Norwalk, IA 50315
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    Des Moines Land For Sale
    Contact for pricing
    0.15 Acres

    Des Moines Land For Sale

    Land available in Des Moines, Iowa.

    1221 Forest Ave, Des Moines, IA 50314
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    Acreage Building Sites in Warren
    $189,900
    10.00 Acres

    Acreage Building Sites in Warren

    10-acre building sites with views near Interstate 35.

    115 25Th Ave, New Virginia, IA 50210
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    Acreage Building Sites in Iowa
    $179,900
    10.00 Acres

    Acreage Building Sites in Iowa

    10-acre building sites with views of rolling hills.

    116 25Th Ave, New Virginia, IA 50210
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    Commercial Land Near DSM Airport
    $499,000
    1.42 Acres

    Commercial Land Near DSM Airport

    Ideal commercial location across from Des Moines Airport.

    2501 Mckinley Ave, Des Moines, IA 50321
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    Residential Lot in Monroe, Iowa
    $40,000
    0.24 Acres

    Residential Lot in Monroe, Iowa

    0.24-acre lot for building a home in Monroe, Iowa.

    734 S Taylor St, Monroe, IA 50170
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    Renovated Duplex in Central Newton
    $200,000
    1,624 SF

    Renovated Duplex in Central Newton

    Turn-key duplex with modern updates and income potential.

    820 1St Ave E, Newton, IA 50208
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    Land in Monroe, Iowa
    $40,000
    0.21 Acres

    Land in Monroe, Iowa

    Land available in Monroe, Iowa.

    702 S Taylor St, Monroe, IA 50170
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    Treelined Lot in Deer Hunters
    $49,900
    0.59 Acres

    Treelined Lot in Deer Hunters

    0.59 acre lot near metro with lake access.

    Forest Ln, Van Meter, IA 50261
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    Turnkey Diner Opportunity in Perry
    $250,000
    0.42 Acres

    Turnkey Diner Opportunity in Perry

    Successful diner with building and equipment for sale in Perry.

    2720 Willis Ave, Perry, IA 50220
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    Residential Lot in Monroe, Iowa
    $45,000
    0.21 Acres

    Residential Lot in Monroe, Iowa

    0.21-acre lot perfect for building a dream home.

    712 S Taylor St, Monroe, IA 50170
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    Buildable Lot Near Sun Valley
    $55,000
    0.65 Acres

    Buildable Lot Near Sun Valley

    Over half acre lot near Sun Valley Lake.

    679 And 680, Ellston, IA 50074
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    Acreage for Dream Home
    $179,900
    10.00 Acres

    Acreage for Dream Home

    10-acre building sites with views near I-35.

    117 G76 Hwy, New Virginia, IA 50210
    View details
    Agricultural Land Near Cambridge, Iowa
    $80,000
    13.69 Acres

    Agricultural Land Near Cambridge, Iowa

    Affordable agricultural/recreational land near Ames, Huxley, and Cambridge.

    580Th Ave, Cambridge, IA 50258
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    Des Moines Double Lot
    $60,000
    0.21 Acres

    Des Moines Double Lot

    Combined and rezoned lot near Drake University and Ingersoll.

    902 31St St, Des Moines, IA 50312
    View details
    Oskaloosa Commercial Property in Downtown
    $167,800
    0.09 Acres

    Oskaloosa Commercial Property in Downtown

    Commercial property in Oskaloosa's downtown business district.

    209 High Ave, Oskaloosa, IA 52577
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    Residential Lot in Monroe, Iowa
    $45,000
    0.34 Acres

    Residential Lot in Monroe, Iowa

    0.33-acre lot for building a dream home.

    722 S Taylor St, Monroe, IA 50170
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    Residential Lot in Monroe, Iowa
    $45,000
    0.21 Acres

    Residential Lot in Monroe, Iowa

    0.21-acre lot for building a dream home.

    706 S Taylor St, Monroe, IA 50170
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    Residential Lot in Monroe, Iowa
    $45,000
    0.21 Acres

    Residential Lot in Monroe, Iowa

    0.21-acre lot for building a dream home.

    710 S Taylor St, Monroe, IA 50170
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    Residential Lot in Monroe, Iowa
    $45,000
    0.38 Acres

    Residential Lot in Monroe, Iowa

    0.38-acre lot perfect for building a dream home.

    720 S Taylor St, Monroe, IA 50170
    View details
    Des Moines Multifamily Investment Opportunity
    $200,000
    2,381 SF

    Des Moines Multifamily Investment Opportunity

    Two-unit property with rental income potential in developing Des Moines area.

    401 Franklin Ave, Des Moines, IA 50314
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    Commercial Lots in Indianola, Iowa
    $209,900
    1.00 Acre

    Commercial Lots in Indianola, Iowa

    Prime commercial lots with high visibility and accessibility.

    401 S 21 Ave, Indianola, IA 50125
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    Residential Lot in Monroe, Iowa
    $45,000
    0.19 Acres

    Residential Lot in Monroe, Iowa

    0.18-acre lot perfect for building a dream home.

    704 S Taylor St, Monroe, IA 50170
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    Residential Lot in Monroe, Iowa
    $45,000
    0.21 Acres

    Residential Lot in Monroe, Iowa

    0.21-acre lot ready for your dream home.

    714 S Taylor St, Monroe, IA 50170
    View details
    Residential Lot in Monroe, Iowa
    $45,000
    0.33 Acres

    Residential Lot in Monroe, Iowa

    0.33-acre lot for building a home in Monroe, Iowa.

    718 S Taylor St, Monroe, IA 50170
    View details
    Residential Lot in Monroe, Iowa
    $45,000
    0.27 Acres

    Residential Lot in Monroe, Iowa

    0.27-acre lot perfect for building a dream home.

    724 S Taylor St, Monroe, IA 50170
    View details
    Waukee Industrial Land For Sale
    $399,900
    1.73 Acres

    Waukee Industrial Land For Sale

    1.73-acre corner lot zoned for light industrial use.

    300 NW 17 St, Waukee, IA 50263
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    Residential Land in Waukee, Iowa
    $125,000
    0.31 Acres

    Residential Land in Waukee, Iowa

    Residential land lot for sale in Waukee, Iowa.

    70 NW Alderleaf Dr, Waukee, IA 50263
    View details
    Multifamily Investment Opportunity Near Downtown
    $154,000
    2,430 SF

    Multifamily Investment Opportunity Near Downtown

    Six-unit multifamily property, fully vacant, ready for renovation and lease-up.

    1430 8Th St, Des Moines, IA 50314
    View details
    Commercial Lots in Indianola, Iowa
    $219,900
    1.05 Acres

    Commercial Lots in Indianola, Iowa

    Commercial lots with high visibility and accessibility in Indianola.

    305 S 21 Ave, Indianola, IA 50125
    View details
    Commercial Lots in Indianola, Iowa
    $209,900
    1.00 Acre

    Commercial Lots in Indianola, Iowa

    One-acre commercial lots with high visibility and accessibility.

    405 S 21 St, Indianola, IA 50125
    View details
    24-Unit Multifamily Investment Opportunity
    $1,550,000
    9,751 SF

    24-Unit Multifamily Investment Opportunity

    High-performing, fully occupied 24-unit complex in Knoxville, Iowa.

    1718 Dolores St, Knoxville, IA 50138
    View details
    Residential Lot in Monroe, Iowa
    $45,000
    0.26 Acres

    Residential Lot in Monroe, Iowa

    0.26-acre lot perfect for building a dream home.

    716 S Taylor St, Monroe, IA 50170
    View details
    West Des Moines Daylight Lot
    $245,000
    0.27 Acres

    West Des Moines Daylight Lot

    Daylight lot with pond view in executive development, great location.

    1456 S 100 St, West Des Moines, IA 50266
    View details
    Des Moines Multifamily Investment Opportunity
    $385,000
    3,367 SF

    Des Moines Multifamily Investment Opportunity

    Five-unit property in Kingman neighborhood with off-street parking.

    2931 Kingman Blvd, Des Moines, IA 50311
    View details
    Fully Rented Multifamily Investment Property
    Contact for pricing
    2,709 SF

    Fully Rented Multifamily Investment Property

    Centrally located, well-maintained multifamily property with steady income.

    1825 7Th St, Des Moines, IA 50314
    View details
    Prime Commercial Land Opportunity
    Contact for pricing

    Prime Commercial Land Opportunity

    High-visibility commercial land parcel on main highway in Indianola.

    1100 N Jefferson Way, Indianola, IA 50125
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Realty ONE Group Impact
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