711 E 2Nd Ave Indianola, IA 50125
For Sale
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This exceptional 1.92-acre commercial lot, located at 711 E 2nd Ave in Indianola, Iowa, presents a rare development opportunity. Priced at $275,000, this flat, build-ready parcel boasts excellent visibility and accessibility. Situated off Highway 92, near the intersection of Highways 92 and 65, the property benefits from high traffic volume, with over 16,000 Annual Average Daily Traffic at the intersection. The lot offers ample frontage on E 2nd Ave and is bordered by mature trees on the east and south sides, providing a naturally landscaped setting. Its convenient location offers proximity to both Indianola High School and Middle School, enhancing its appeal for various commercial ventures. The property also backs up to DeNelsky Park, adding to its attractive surroundings. Indianola's vibrant community, home to Simpson College, the National Balloon Classic, and the Warren County Fairgrounds, provides a strong foundation for business growth. This is one of the few available commercial lots in Indianola, making this a truly unique investment opportunity. The property's size, location, and build-ready condition make it ideal for a variety of commercial developments, including retail spaces or office buildings. Don't miss this chance to secure a prime piece of Indianola real estate. Zip code: 50125.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.