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Zoned Duplex Development Lot
For Sale
Contact for pricing
Pending

700 W Salem Ave, Indianola, IA 50125

Flat, utility-available lot with 75 feet of frontage and R2 zoning permitting single-family or duplex development.

Property SizeContact for details
Lot Size0.33 Acres
Days on Market120

Property Features for 700 W Salem Ave

General Information

Standard status Pending
Lot size 0.33 Acres
Property subtype Land
Zoning R2

Site & Location

Road Access Yes
Utilities to Site Yes
Listing Agency: Iowa Realty
Listed By: Barb Mcmurry · License #IA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 5:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Iowa Realty

Investment Insights

Based on property information with market context.

This for-sale land lot is approximately 0.33 acres, is described as flat, and has utilities available. The property includes 75 feet of frontage, and the lot extends to the east at the back. A current gazebo is present and can remain with the lot or be removed by the seller.

The site is offered with R2 zoning, which allows a single-family home or duplex. The public remarks also note walking distance to the square and Simpson College, and the opportunity for rental properties is highlighted.

Buyers should contact the city to confirm zoning, building, and any abatement questions, as details such as the stated five-year graduated tax abatement (100/80/60/40/20) are referenced in the remarks.

Key Highlights

  • .33‑acre flat lot with 75' of frontage, with utilities available
  • R2 zoning allows a single‑family home or duplex development
  • Lot location is described as within walking distance to the Square and Simpson College

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Garden Center Furniture & Home Goods Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

769
Businesses Nearby

Demographics for 50125, IA

20,906
Population
8,039
Households
2.6
Avg Household Size
39
Median Age
34%
College-Educated
97%
High-School Grad
162.4 sq mi
ZIP Area
129
Density / Sq Mi
$86,463
Median Household Income
$42,822
Median Earnings
$975
Median Rent
$248,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Flat, utility-available lot with 75 feet of frontage and R2 zoning permitting single-family or duplex development.
Where is this residential land & home lot located?
The property is located at 700 W Salem Ave Indianola, IA.
What are key features of this property?
This property features: .33‑acre flat lot with 75' of frontage, with utilities available; R2 zoning allows a single‑family home or duplex development; Lot location is described as within walking distance to the Square and Simpson College
More about this property
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