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    711 E 2Nd Ave Indianola, IA 50125

    For Sale
    $275,000

    Flat commercial lot ready for development in Indianola, Iowa.

    Property size:
    1 SF
    Lot size:
    1.92 Acres

    Property Features for 711 E 2Nd Ave

    General Information

    Size
    1 SF
    Lot size
    1.92 Acres

    Source: Dan Dempsey Agent Dan Dempsey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot in Indianola

    This commercial lot, one of the few available in Indianola, is flat and ready for construction. Mature trees border the east and south sides of the property. The location is near Indianola High School and Middle School. Situated in Indianola, the lot features frontage on Highway 92 (East 2nd Avenue) and is located several blocks from the intersection of Highway 92 and Highway 65, which sees an average annual daily traffic of over 16,000. The property is suitable for a new office or retail location and has a size of 1 acre.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianola
    County
    Warren
    State
    Iowa
    Longitude
    -93.56993
    Latitude
    41.358105

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    FAQs

    What type of property is this?
    Commercial land - Flat commercial lot ready for development in Indianola, Iowa.
    Where is this commercial land located?
    The property is located at 711 E 2Nd Ave Indianola, IA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Prime commercial lot in Indianola; - Flat, build-ready land; - High-traffic location with Hwy 92 frontage
    (515) 306-0794
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    711 E 2Nd Ave Indianola, IA 50125
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    Indianola, IA 50125
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    Realmo Value Estimation

    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.

    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.

    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
    711 E 2Nd Ave Indianola, IA 50125
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