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    Property profile & analytics

    103 2nd Ave Indianola, IA 50125-2521

    • Gas stations
    • 5,746 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Last Sale
    Dec 09, 2020
    Location Intelligence
    Property ID
    US25-1807711
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Downey Tire Pros / Auto Repair Shop

    Property Details for 103 2nd Ave

    Year built
    1950
    Lot size
    0.27 lot acres
    Property size
    5,746 SF
    Property type
    Gas stations
    APN
    48660030010
    APU
    48660030010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Indianola
    County
    Warren
    State
    Iowa
    Longitude
    -93.5613
    Latitude
    41.3581
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,164
    $46,200
    $257,200
    $303,400
    -
    $46,200
    $257,200
    $303,400

    Comparable in this City

    • Value Estimation by Request
      956 SF

      1205 Jefferson Way

      SERVICE STATION (FULL SERVICE) • 956 SF
      1205 Jefferson Way, Indianola, IA 50125-3270
      View Details
    • Value Estimation by Request
      432 SF

      109 Jefferson Way

      GAS STATION • 432 SF
      109 Jefferson Way, Indianola, IA 50125-2619
      View Details
    • Value Estimation
      $200,000
      3,213 SF

      215 Howard St

      SERVICE STATION (FULL SERVICE) • 3,213 SF
      215 Howard St, Indianola, IA 50125-2511
      View Details
    • Value Estimation by Request
      154 SF

      Indianola, IA 50125

      GAS STATION • 154 SF
      Indianola, IA 50125
      View Details
    • Value Estimation
      $495,000
      3,862 SF

      110 Jefferson Way

      SERVICE STATION (FULL SERVICE) • 3,862 SF
      110 Jefferson Way, Indianola, IA 50125-2620
      View Details
    • Value Estimation
      $365,000
      1,270 SF

      1003 2nd Ave

      SERVICE STATION (FULL SERVICE) • 1,270 SF
      1003 2nd Ave, Indianola, IA 50125-2231
      View Details

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    • Contact for pricing
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      Farmland in Indianola, Iowa

      136.51 acres of farmland with CRP and tillable acres.
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    • $2,450,000
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      277 acres of agricultural land with development potential.
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    103 2nd Ave
    Indianola, IA 50125-2521
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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
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