Technical
Financial
Distress signals
Property profile

106 2nd Ave Indianola, IA 50125

OFF-MARKET
Office buildings
Property ID
US25-1522352
6,000 SF 0.28 ac lot Built 1975
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Construction FRAME
Total area 6,000 SF
Lot 0.28 ac (12,225 SF)
APN 48020210180
UPID US25-1522352

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Business Service Center Employment Agency

Location

106 2nd Ave Indianola, IA 50125-4853
Indianola metro Census 21000 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$761k
Blend (final) Blend
$255k

Owner & transaction history

since 2005
3 recorded transactions
2017
Price N/A
2016
Price N/A
2005
$190,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $915,000 +6.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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