Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    210 Ave Indianola, IA 50125

    Sponsored
    For Sale
    Contact for pricing

    Other - Indianola, IA

    Type:Farm
    Lot size:
    156.85 Acres
    Days on Market:
    12
    Last Refresh:
    Jan 25 at 4:06 pm

    Property Features for 210 Ave

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    APN
    25000320861
    Lot size
    156.85 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kolt Kiburz

    Peoples Company (515) 961-0247

    Listing agent Kolt Kiburz (515) 222-1347

    Listing date Jan 14, 2026

    MLS# 6334794 Listing URL

    Copyright © 2026 RLI Farm & Ranch Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Warren County Farmland Auction

    Located northeast of Milo, Iowa, this property features 156.85 surveyed acres offered in two individual tracts. Tract 1, situated in Section 32 of Union Township, encompasses 67.38 surveyed acres, including approximately 64.10 FSA tillable acres with a CSR2 of 70.6. Tract 2, located in Section 5 of Belmont Township, comprises 89.47 surveyed acres, with approximately 78.72 FSA tillable acres carrying a CSR2 of 57.6. The land offers a mix of productive row-crop acres and quality pasture. Buyers have the option to purchase either or both tracts based on their specific requirements. Farming rights are available for the 2026 growing season. The auction will be held online and will remain open until Thursday, February 19th, 2026, at 1:00 PM CST. Tracts 1 and 2 will be offered individually on a price-per-acre basis.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Indianola
    County
    Warren
    State
    Iowa
    Longitude
    -93.579
    Latitude
    41.3316

    Nearby Similar for Sale

    • $1,500,000

      Indianola Warehouse with Flexible Layout

      11,900 sq ft warehouse on 1.13 acres.
      1400 E Iowa Ave, Indianola, IA 50125
      View Details
    • $200,000

      Indianola Commercial Building on Acreage

      9,185 SF commercial building on 2.15 acres near Indianola.
      12220 168Th Ave, Indianola, IA 50125
      View Details
    • $200,000

      Commercial Building on Large Lot

      9,185 sq ft commercial building on 2.15 acres.
      12220 168Th Ave, Indianola, IA 50125
      View Details
    • $1,150,000
      109.12 Acres

      Indianola Land with Morton Building

      109.12 acres with cropland, timber, ponds, and outbuildings.
      14425 85Th Ave, Indianola, IA 50125
      View Details
    • New
      $1,150,000
      109.00 Acres

      Indianola Land with New Building

      109 acres with cropland, timber, pasture, ponds, and outbuildings.
      14425 85Th Ave, Indianola, IA 50125
      View Details
    • $80,000
      Pending

      Indianola Duplex Near Simpson College

      Duplex near Simpson College, ideal for investors or flippers.
      507 W Clinton Ave, Indianola, IA 50125
      View Details
    • $277,500
      2.22 Acres

      Land Available in Indianola, Iowa

      2.22 acre agricultural property for sale in Indianola, Iowa.
      151 Ln, Indianola, IA 50230
      View Details
    • $304,500
      2.03 Acres

      Indianola, Iowa Agriculture Opportunity

      2.03 acre agricultural property in Indianola, Iowa for sale.
      151 Ln, Indianola, IA 50230
      View Details
    • $350,400
      2.19 Acres

      Land For Sale Indianola, Iowa

      2.19 acre agricultural property for sale in Indianola, Iowa.
      151 Ln, Indianola, IA 50230
      View Details
    • $256,250
      2.22 Acres

      Indianola Agriculture Property For Sale

      2.22 acre agricultural property in Indianola, Iowa.
      151 Ln, Indianola, IA 50230
      View Details
    • $315,000
      2.10 Acres

      Indianola Agriculture Property For Sale

      2.1 acre agricultural property in Indianola, Iowa.
      151 Ln, Indianola, IA 50230
      View Details
    • $454,500
      3.03 Acres

      Indianola Agriculture Property For Sale

      3.03 acre agricultural property in Indianola, Iowa.
      151 Ln, Indianola, IA 50230
      View Details

    FAQs

    What type of property is this?
    Farm - 156.85 acres in Warren County, Iowa. Online-only auction.
    Where is this farm located?
    The property is located at 210 Ave Indianola, IA.
    What is the asking price?
    The asking price for this property is $1.00.
    What are key features of this property?
    This property features: - 156.85 surveyed acres offered in two individual tracts, providing flexibility.; - Significant tillable acreage: Approximately 64.10 FSA tillable acres on Tract 1 and approximately 78.72 FSA tillable acres on Tract 2.; - **Productive row-crop land with a CSR2 of 70.6 on Tract 1.**
    (515) 468-5035
    Request Owner's contact information
    210 Ave Indianola, IA 50125
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    210 Ave
    Indianola, IA 50125
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    210 Ave Indianola, IA 50125
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kolt Kiburz
    Real Estate License ID: ***
    (515) 468-5035
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.