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    Property profile & analytics

    114 Ashland Ave Indianola, IA 50125-2508

    • Bars
    • 2,454 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US25-1529617
    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

    • Lula Belle Designs / Boutique / Candle Store

    Property Details for 114 Ashland Ave

    Year built
    1890
    Construction
    FRAME
    Lot size
    0.07 lot acres
    Property size
    2,454 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    48020090170
    APU
    48020090170

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $215,000
      6.5%
      $225,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $195,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $190,000
      Retail
      $225,000
      Mixed-Use
      $260,000
      Hospitality
      $255,000
      Educational
      $195,000
      Residential Income
      $205,000
      Energy
      $195,000
      Income-Based Land
      $240,000
      Food Service
      $195,000

    Location Insight

    • Map
    • Local Demand
    City
    Indianola
    County
    Warren
    State
    Iowa
    Longitude
    -93.5603
    Latitude
    41.3616
    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
    $1,928
    $14,500
    $93,000
    $107,500
    -
    $14,500
    $93,000
    $107,500

    Comparable in this City

    • Value Estimation
      $330,000
      3,864 SF

      100 Ashland Ave

      BAR, TAVERN • 3,864 SF
      100 Ashland Ave, Indianola, IA 50125-2508
      View Details
    • Value Estimation
      $355,000
      2,378 SF

      100 Howard St

      BAR, TAVERN • 2,378 SF
      100 Howard St, Indianola, IA 50125-2510
      View Details
    • Value Estimation
      $195,000
      1,840 SF

      102 Ashland Ave

      BAR, TAVERN • 1,840 SF
      102 Ashland Ave, Indianola, IA 50125-2509
      View Details
    • Value Estimation
      $220,000
      4,440 SF

      219 Salem Ave

      BAR, TAVERN • 4,440 SF
      219 Salem Ave, Indianola, IA 50125-2420
      View Details
    • Value Estimation
      $215,000
      2,928 SF

      204 Clinton Ave

      BAR, TAVERN • 2,928 SF
      204 Clinton Ave, Indianola, IA 50125-1840
      View Details
    • Value Estimation by Request
      1,995 SF

      118 Howard St

      RESTAURANT • 1,995 SF
      118 Howard St, Indianola, IA 50125-2510
      View Details

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    • Contact for pricing
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      Prime Indianola Commercial Land

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    Property Visit Statistics

    • Visits by month
      2.5k
    • Visitors by month
      1.8k
    • Avg Time on site
      22 min
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    114 Ashland Ave
    Indianola, IA 50125-2508
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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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