New Flex Space
For Sale
$550,000
404 S 21st Street, Indianola, IA 50125
CommercialSale, Indianola, IA
Property Size3,600 SF
Price / SF$152.78
Days on Market322
Property Features for 404 S 21st Street
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning
C
Lot features
Rectangular Lot
Elementary school district
Indianola
Middle school district
Indianola
High school district
Indianola
Directions
From 65/69 (Jefferson) Go east on hwy 92 development is on the south side of road.
Subdivision
Indianola
Standard status
Active
APN
49577010045
Taxes and HOA fees
Tax Description
29-76-23 INDIANOLA CAL PICKARD COMMERCE PARK PLAT 1 LOTS 4 & 5
Legal Description
29-76-23 INDIANOLA CAL PICKARD COMMERCE PARK PLAT 1 LOTS 4 & 5
Building Details
Year built
2025
Building materials
MetalSiding
Listing Agency:
Realty ONE Group Impact
(515) 446-7524
Listed By:
Cassi Sinclair · License #S65503000
(515) 238-7646
Added: Oct 6, 2025
Changed: Aug 19
Last Checked: Aug 23 at 4:06AM
MLS# 727651
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 404 S 21st Street in Indianola, this 3,600-square-foot flex building is under construction with a 2025 build year. The interior is unfinished, allowing the future occupant to establish its own layout and finishes. Bathrooms have been pre-plumbed to support the build-out process, while metal siding forms the exterior. Zoned C, the property can accommodate a range of commercial configurations, including office, retail, medical, and service-oriented space, as identified for the offering.
Key Highlights
- 3,600‑square‑foot commercial building
- Under construction with 2025 build year
- Unfinished interior supports customized layout and finishes
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Under-construction commercial space includes pre-plumbed bathrooms for a flexible interior build-out.
Where is this flex space located?
The property is located at 404 S 21st Street Indianola, IA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,600‑square‑foot commercial building; Under construction with 2025 build year; Unfinished interior supports customized layout and finishes
