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Property profile & analytics
FOR SALE
Commercial land

1901 N Jefferson Way Indianola, IA 50125

1.3 ac lot
Individually Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US25-1917859
Property summary
AI-generated overview

This exceptional 1.3-acre commercial land parcel, located at 1901 N Jefferson Way in Indianola, Iowa, presents a unique investment opportunity. Situated in a high-growth area, this property boasts a desirable Commercial zoning designation, allowing for a wide range of development possibilities. The land is comprised of three separate pads, offering flexibility for multiple uses or a single, larger development. The asking price is $311,454, translating to a land value of $5.50 per square foot. The property's convenient location in Warren County, Iowa, zip code 50125, provides easy access to local amenities and transportation routes. With its substantial size and prime location, this property is ideal for entrepreneurs and investors seeking to establish a presence in a thriving market. The precise coordinates are 41.37982 latitude and -93.5594799 longitude. This is a rare opportunity to acquire a well-positioned commercial lot in a dynamic area of Indianola. Don't miss out on this chance to build your business in a rapidly expanding community. Serious inquiries only.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.3 ac (56,628 SF)
APN 48617000050
UPID US25-1917859
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Summercrest Hills Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Community Choice Credit Union · 15 yrs held
Community Choice Credit Union
since 2011
1 recorded transaction
2011
$445,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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