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    1807 2Nd Ave Indianola, IA 50125

    For Sale
    Contact for pricing

    Two prime retail pads, high visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents two ±1-acre outparcels available for sale or lease at the thriving Westroad Shopping Center in Indianola, Iowa. Located on W 2nd Avenue, these pads benefit from high traffic counts on US Highway 92 (7,802 vehicles per day) and are situated near key attractions including the Warren County Fairgrounds, Sports Page Bar and Grill, Fareway, and Community State Bank, ensuring strong customer traffic. Each pad offers flexibility for development, accommodating buildings up to 3,600 square feet. The property is zoned commercial and boasts ample parking. The adjacent shopping center is fully leased, with tenants including Dollar General, Optimae Life Services, Many Hands Thrift Market, and Genesis Linen Services, creating a vibrant and established retail environment. The sale price and land lease terms are negotiable, making this an attractive proposition for a variety of businesses seeking high visibility and a strong location. Developed by Mandelbaum Properties, this property offers a unique opportunity to establish a presence in a thriving community. APN: 48500000081.

    Property Features for 1807 2Nd Ave

    General Information

    Property type
    Lifestyle centers
    Lot Size
    43,560 SF

    HighLights

    • Two 1‑acre outparcels available for sale or lease.
    • Price and lease terms are negotiable.
    • Each pad site can accommodate up to a 3,600 SF building.
    • Ample on‑site parking.
    • Located in a fully leased retail center, near US Highway 92 (7,802 VPD).
    • Zoned commercial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianola
    County
    Warren
    State
    Iowa
    Longitude
    -93.5847723
    Latitude
    41.3557402

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    FAQs

    What type of property is this?
    Lifestyle center - Two prime retail pads, high visibility
    Where is this lifestyle center located?
    The property is located at 1807 2Nd Ave Indianola, IA.
    What are key features of this property?
    This property features: Two 1-acre outparcels available for sale or lease.; Price and lease terms are negotiable.; Each pad site can accommodate up to a 3,600 SF building.
    Request Owner's contact information
    1807 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
    1807 2Nd Ave Indianola, IA 50125
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