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    2103 3Rd Ln Indianola, IA 50125

    For Sale
    $300,000

    Prime retail development lot, 0.64 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.64-acre commercial land parcel presents a unique investment opportunity in the thriving Summercrest Hills Community of Indianola, Iowa. Located at 2103 N 3rd Lane, this property boasts a prime location adjacent to the intersection of N Jefferson Way and Trail Ridge Ave, an area experiencing approximately 20,000 vehicles per day. Summercrest Hills is a master-planned 160-acre community offering a diverse mix of retail, residential, entertainment, dining, and office spaces, creating a vibrant and highly desirable environment. The property's strategic placement within this established community ensures high visibility and accessibility for potential businesses. Its proximity to Des Moines, Iowa (just 20 minutes away), the state capital and largest business center, provides unparalleled access to a substantial consumer base and workforce. This is an ideal site for developers seeking to capitalize on the strong growth and demand in this rapidly expanding area. The asking price for this exceptional development opportunity is $300,000. The property is zoned for commercial use and is ready for immediate development. Don't miss this chance to secure a prime piece of real estate in a thriving Iowa community.

    Property Features for 2103 3Rd Ln

    General Information

    Property type
    Land
    Lot Size
    27,878 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply HVAC Service Home Appliance Store Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianola
    County
    Warren
    State
    Iowa
    Longitude
    -93.5566379
    Latitude
    41.3835739

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    FAQs

    What type of property is this?
    Land - Prime retail development lot, 0.64 acres.
    Where is this land located?
    The property is located at 2103 3Rd Ln Indianola, IA.
    What is the asking price?
    The asking price for this property is $300,000.
    Request Owner's contact information
    2103 3Rd Ln 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
    2103 3Rd Ln Indianola, IA 50125
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