Indianola, IA High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Indianola, Iowa Market population: 15K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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11 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Indianola IA Properties: 2.6000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Indianola IA
Common questions from investors exploring commercial real estate in Indianola IA.
What's the overall investment outlook for Indianola, IA, considering its demographics and economy?
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Indianola's median household income of $52,779, combined with a relatively low poverty rate of 10.3% and high health insurance coverage of 96.1%, suggests a stable market with a strong foundation for real estate investment. The top industries, including Public Administration and Construction, also indicate a diverse economy, which can contribute to a steady demand for housing.
How does the city's ethnic diversity and commute time impact the rental market?
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The city's ethnic diversity, with a majority of White and White Non-Hispanic populations, and a short average commute time of 23.7 minutes, indicates a desirable quality of life for residents. This, along with the top commute methods being driving alone, working from home, or carpooling, suggests that renters will appreciate the convenience and flexibility that Indianola offers.
What are the implications of the city's income inequality and employment rate for real estate investors?
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The GINI coefficient of 0.408, which measures income inequality, is relatively moderate, and when combined with an employed population of 7,747 and a low poverty rate, it suggests that there is a sizable and stable workforce in Indianola. This stability can contribute to a lower risk for real estate investors, as there is likely to be a consistent demand for housing from employed individuals and families.
How do the median property value and property taxes in Indianola impact the attractiveness of real estate investment in the city?
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The median property value of $146,400 and median property taxes of $3,838 in Indianola are relatively affordable, especially considering the city's median household income and low poverty rate. This affordability, along with a high homeownership rate of 67.4%, indicates a strong and stable housing market that can be attractive to both homeowners and real estate investors looking for steady appreciation and rental income.
What role does education and health insurance play in assessing the quality of life and investment potential in Indianola?
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The high school graduation rate of 92.2% and the percentage of the population with a Bachelor's degree or higher of 24.5%, combined with an excellent health insurance coverage rate of 96.1%, suggest a high quality of life in Indianola. This, in turn, can contribute to a more stable and attractive environment for real estate investment, as educated and insured populations are more likely to have stable employment and be able to afford housing, whether as renters or homeowners.
Indianola IA Real Estate & City Facts
Key facts and real estate information about Indianola IA.
What are some of the best neighborhoods to live in Indianola?
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Some of the best neighborhoods to live in Indianola include Indianola Hills, which is known for its affordable housing and close-knit community. It's a mix of families and young professionals, with a strong sense of community. You can also consider the area around Buxton Park, which is a gem of a park in the heart of Indianola, just footsteps away from the Simpson College campus.
What are some fun things to do in Indianola?
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There are plenty of fun things to do in Indianola, such as visiting the National Balloon Museum, exploring the Summerset Trail, or enjoying a leisurely stroll or bike ride along the trail. You can also check out the Lake Ahquabi State Park, or attend one of the many events hosted by the city, like the National Balloon Classic or the Des Moines Metro Opera.
What is the food scene like in Indianola?
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The food scene in Indianola is thriving, with a variety of restaurants to choose from, such as The Groggy Dog, which serves excellent fish and chips, and Crouse's, which is a local favorite. There are also plenty of great food trucks and cafes, like Savor the Rise, which offers a unique farm-to-table experience. And if you're looking for something sweet, you can't miss the Nutty Bars and Maid-Rite Sandwiches, which are Iowa staples.
What are the pros and cons of living in Indianola?
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One of the pros of living in Indianola is its strong sense of community, with plenty of family-friendly activities and events. The city also has a relatively low cost of living and a growing food scene. However, one of the cons is that it's a smaller town, so there may be limited job opportunities and entertainment options compared to larger cities. Additionally, some residents have mentioned that the town can feel a bit quiet and sleepy at times.
Is Indianola a good place to live?
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Overall, Indianola is a great place to live, with its strong community, affordable housing, and growing food scene. While it may not have all the amenities of a larger city, it offers a unique small-town charm and a high quality of life. If you're looking for a close-knit community and a relaxed pace of life, Indianola might be the perfect fit for you.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Indianola IA Commercial Property: $52,779
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
⭐ Featured
Prime 15-Unit Multifamily Investment in Heart of San Francisco
$4,895,000
San Francisco
Multifamily
Cap Rate
%
NOI
$0
Size
8,225 SF
⭐ Featured
7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate
$2,100,000
Long Beach
Multifamily
Cap Rate
7.00%
NOI
$144,960
Size
6,074 SF
⭐ Featured
Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate
$12,750,000
Arcata
Multifamily
Cap Rate
8.67%
NOI
$99,999
Size
87,484 SF
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