Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Iowa Ave Indianola, IA 50125

    For Sale
    $520,300

    Prime Indianola development land, R-2 zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 9.46-acre commercial land parcel presents a unique development opportunity in Indianola, Iowa. Strategically located at the intersection of N 15th Street and E Iowa Avenue, this property boasts prime road frontage and is conveniently situated less than a mile from Indianola schools. Utilities including water, sewer, natural gas, and electricity are readily available at the street, and high-speed fiber internet access is provided by Indianola Municipal Utilities. The R-2 zoning designation allows for a diverse range of development options, including single-family homes, duplexes, townhomes, and rowhouses. Detailed zoning regulations and a preliminary development concept are available upon request. A preliminary townhome concept plan suggests the potential for up to 72 units. Approximately 7.96 acres of the land are tillable, boasting a CSR2 rating of 89.6. The property's location is precisely identified as Section 20, Township 76 North, Range 23 West, in Warren County, Iowa. The parcel number is 49043033000, and the annual net taxes are $4,740.80. Possession is granted at closing, with cash and conventional financing options available. A sign is present on the property. The asking price for this remarkable development opportunity is $520,300.

    Property Features for 0 Iowa Ave

    General Information

    Property type
    Land
    Lot Size
    412,078 SF

    HighLights

    • Sign: On‑site signage.
    • MLS#: 673482
    • Parcel ID: 49043033000
    • School District: Indianola.
    • Location: Indianola area.
    • Annual Net Taxes: $4,740.80
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Indianola
    County
    Warren
    State
    Iowa
    Longitude
    -93.5397115
    Latitude
    41.3688096

    Nearby Similar for Sale

    • $1,500,000

      Indianola Warehouse with Flexible Layout

      11,900 sq ft warehouse on 1.13 acres.
      1400 E Iowa Ave, Indianola, IA 50125
      View Details
    • $1,500,000

      Indianola Warehouse with Flexible Layout

      11,900 sq ft warehouse on 1.13 acres.
      1400 E Iowa Ave, Indianola, IA 50125
      View Details
    • New
      $169,900
      1,524 SF

      Income-Producing Duplex Near Simpson College

      Fully rented duplex near Simpson College with income potential.
      601 N 1St St, Indianola, IA 50125
      View Details
    • New
      $80,000
      1,792 SF

      Indianola Duplex Near Simpson College

      Duplex near Simpson College, ideal for investors or flippers.
      507 W Clinton Ave, Indianola, IA 50125
      View Details
    • $315,000
      6,640 SF

      Prime Indianola Mixed-Use Property

      High-return investment: commercial & residential.
      107 Salem Ave, Indianola, IA 50125
      View Details
    • $329,999
      3,120 SF

      Indianola Retail Space - Prime Location

      Versatile 3120 sq ft retail space, ample parking.
      202 9Th St, Indianola, IA 50125
      View Details

    FAQs

    What type of property is this?
    Land - Prime Indianola development land, R-2 zoning
    Where is this land located?
    The property is located at Iowa Ave Indianola, IA.
    What is the asking price?
    The asking price for this property is $520,300.
    What are key features of this property?
    This property features: Sign: On-site signage.; MLS#: 673482; Parcel ID: 49043033000
    (515) 222-1347
    Request Owner's contact information
    Iowa Ave Indianola, IA 50125
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Iowa Ave
    Indianola, IA 50125
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Iowa Ave Indianola, IA 50125
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.