Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1508 Jefferson Way Indianola, IA 50125-1465

    • Retail space
    • 9,796 SF
    • 2.96 lot acres
    OFF-MARKET
    Value Estimation
    $1,375,000
    Last Sale
    Aug 13, 2020
    $1,725,000
    Location Intelligence
    Property ID
    US25-1664817
    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

    • Dollar Tree / Grocery Store / Dollar Store

    Property Details for 1508 Jefferson Way

    Year built
    2020
    Lot size
    2.96 lot acres
    Property size
    9,796 SF
    Property type
    Retail space
    APN
    48870190460
    APU
    48870190460

    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
    -93.5576
    Latitude
    41.375
    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
    $33,938
    $302,000
    $941,800
    $1,243,800
    -
    $0.00
    $0.00
    $1,440,100

    Comparable in this City

    • Value Estimation by Request
      2,250 SF

      810 2nd Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,250 SF
      810 2nd Ave, Indianola, IA 50125-2350
      View Details
    • Value Estimation by Request
      1,280 SF

      Indianola, IA 50125

      RETAIL STORES (PERSONAL SERVICES) • 1,280 SF
      Indianola, IA 50125
      View Details
    • Value Estimation by Request
      1,505 SF

      205 Clinton Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,505 SF
      205 Clinton Ave, Indianola, IA 50125-1856
      View Details
    • Value Estimation
      $410,000
      2,618 SF

      903 2nd Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,618 SF
      903 2nd Ave, Indianola, IA 50125-2812
      View Details
    • Value Estimation
      $405,000
      4,020 SF

      106 Howard St

      RETAIL STORES (PERSONAL SERVICES) • 4,020 SF
      106 Howard St, Indianola, IA 50125-2510
      View Details
    • Value Estimation
      $230,000
      7,574 SF

      102 Howard St

      RETAIL STORES (PERSONAL SERVICES) • 7,574 SF
      102 Howard St, Indianola, IA 50125-2526
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.00 Acre

      Indianola Shopping Center Outparcels

      Two prime retail pads, high visibility
      1807 2Nd Ave, Indianola, IA 50125
      View Details
    • $329,999
      3,120 SF

      Indianola Retail Space - Prime Location

      Versatile 3120 sq ft retail space, ample parking.
      202 9Th St, Indianola, IA 50125
      View Details
    • $315,000
      6,640 SF

      Prime Indianola Mixed-Use Property

      High-return investment: commercial & residential.
      107 Salem Ave, Indianola, IA 50125
      View Details
    • Contact for pricing
      1.00 Acre

      Prime Indianola Commercial Land

      12 Acres, High Visibility, $6/SF
      2405-2605 2Nd Ave, Indianola, IA 50125
      View Details
    • $311,454
      1.30 Acres

      Prime Indianola Commercial Land

      1.3 Acres, 3 Pads, High Growth
      1901 Jefferson Way, Indianola, IA 50125
      View Details
    • Contact for pricing
      2.01 Acres

      Prime Indianola Commercial Land

      Iowa commercial land, build your dream.
      R57 Hwy, Spring Hill, IA 50125
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1508 Jefferson Way
    Indianola, IA 50125-1465
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.