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    Property profile & analytics

    506 Jefferson Way Indianola, IA 50125-1701

    • Retail space
    • 12,000 SF
    • 1.01 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-2234598
    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

    • Cappel's Ace Hardware / Hardware Store / Home Improvement Store
    • Simple Lift Rentals / Equipment Rental Agency

    Property Details for 506 Jefferson Way

    Year built
    2019
    Construction
    FRAME
    Lot size
    1.01 lot acres
    Property size
    12,000 SF
    Property type
    Retail space
    APN
    48860000990
    APU
    48860000990

    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
    -93.5577
    Latitude
    41.3647
    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
    $16,060
    $221,100
    $577,500
    $798,600
    -
    $0.00
    $0.00
    $1,592,600

    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
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      Two prime retail pads, high visibility
      1807 2Nd Ave, Indianola, IA 50125
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      Indianola Retail Space - Prime Location

      Versatile 3120 sq ft retail space, ample parking.
      202 9Th St, Indianola, IA 50125
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      High-return investment: commercial & residential.
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      Prime Indianola Commercial Land

      12 Acres, High Visibility, $6/SF
      2405-2605 2Nd Ave, Indianola, IA 50125
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    • $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.
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    Property Visit Statistics

    • Visits by month
      11.4k
    • Visitors by month
      7.7k
    • Avg Time on site
      12 min
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    506 Jefferson Way
    Indianola, IA 50125-1701
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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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