828 Trl Rdg Ave Indianola, IA 50125
This exceptional 0.2-acre commercial lot, located at 828 Trail Ridge Ave in Indianola, Iowa (Warren County, zip code 50125), presents a unique investment opportunity. The property, identified by APN 48329100055, is zoned for residential use and offers significant potential for development. Measuring 8,640 square feet, this land parcel is ideally situated. While currently designated for residential use, its commercial classification opens doors to a variety of possibilities. The property's proximity to the Indianola Country Club golf course adds to its appeal. Note that a new construction ranch townhome, built in 2023, is adjacent to this lot, showcasing the area's potential for residential growth. This lot is part of a larger development with future phases including additional lots, some with treed areas and golf course views. The asking price for this promising land is $375,000. The property benefits from a 5-year graduated tax abatement. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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