Financial
Distress signals
Property profile

107 W Salem Ave Indianola, IA 50125

FOR SALE
Turn key restaurants
Property ID
US25-1463050
2,178 SF 0.05 ac lot Built 1900
Last sale Feb 2023 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mixed-use property is located on Indianola Square and includes 7,445 square feet of commercial space plus two residential units: a studio apartment and a two-bedroom apartment. The commercial area has separate water, gas, and electric utilities and is supported by three half baths, one three-quarter bath, and an office, along with a rear entrance providing access via an alley and potential for configuration changes or additional leasing. The residential units use electric service, feature

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$121k
Assessed land$14k
Assessed improvement$108k
Effective rate2.45%

Value estimate

· Sep 2026
$115k
$104k – $127k
AI approach$125k
NOI build-up
Gross scheduled income$108k
Vacancy & credit loss−$6k
Operating expenses−$46k
NOI · 24.77% cap applied$56k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
24.77%
$56k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWARREN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.1
Skin Care Clinic11.3
Wholesale Shop10.6

Location

107 W Salem Ave Indianola, IA 50125
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
214 Salem, Indianola, IA 50125-2421 $610,000 Mar 2025 2,625 SF
410 Jefferson, Indianola, IA 50125-2921 $300,000 Aug 2023 2,400 SF
602 Jefferson, Indianola, IA 50125-1418 $180,000 Nov 2022 2,089 SF
301 2nd, Indianola, IA 50125-2405 $190,000 May 2022 2,256 SF
114 Ashland, Indianola, IA 50125-2509 $156,000 Jan 2021 2,310 SF
403 2nd, Indianola, IA 50125-2407 $120,000 May 2019 1,893 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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