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    2405-2605 2Nd Ave Indianola, IA 50125

    For Sale
    Contact for pricing

    12 Acres, High Visibility, $6/SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 12.43-acre commercial land parcel presents a unique investment opportunity in Indianola, Iowa. Strategically located on West 2nd Avenue (Highway 92), just west of the Deer Run Golf Course, this highly visible site boasts impressive daily traffic counts of 10,000 vehicles per day (2016 data). The property is zoned for commercial use and features a city-approved master plan for a planned unit development, offering significant flexibility for future development. With a total area of 541,451 square feet, the land is priced competitively at $6.00 per square foot. This prime location offers unparalleled exposure and accessibility, making it ideal for a wide range of commercial ventures. The property's size and zoning provide ample opportunity for substantial development, catering to various business needs. Its proximity to the Deer Run Golf Course adds to its appeal and potential for synergistic development. Detailed information regarding the city-approved master plan is available upon request. Don't miss this chance to acquire a premier commercial property in a thriving Iowa community.

    Property Features for 2405-2605 2Nd Ave

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 12.43 acres of commercially zoned land available for sale in Indianola, IA.
    • Priced at $6.00 per square foot.
    • Located on W 2nd Ave (Highway 92), west of Deer Run Golf Course, offering high visibility and traffic counts (10,000 VPD in 2016).
    • City‑approved master plan for a planned unit development exists.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Building Supply Pharmacy Auto Repair Shop Wholesale Shop Daycare Center Kitchen & Bath Bar & Pub HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianola
    County
    Warren
    State
    Iowa
    Longitude
    -93.5944127
    Latitude
    41.3554351

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    FAQs

    What type of property is this?
    Land - 12 Acres, High Visibility, $6/SF
    Where is this land located?
    The property is located at 2405-2605 2Nd Ave Indianola, IA.
    What are key features of this property?
    This property features: 12.43 acres of commercially zoned land available for sale in Indianola, IA.; Priced at $6.00 per square foot.; Located on W 2nd Ave (Highway 92), west of Deer Run Golf Course, offering high visibility and traffic counts (10,000 VPD in 2016).
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    2405-2605 2Nd Ave 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
    2405-2605 2Nd Ave Indianola, IA 50125
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