Underwood, IA
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    Underwood, IA Hospitality Properties for Sale

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    Neola, IA Council Bluffs, IA Pacific Junction, IA
    Underwood Motel Near I-80
    $550,000
    7,752 SF
    Underwood Motel Near I-80

    24936 Mulberry Lane, Underwood, IA 51576

    21-unit motel with manager's apartment near I-80.
    • Adjacent to Exit 17 off I‑80, providing convenient access for travelers.
    • Only one of two motels/hotels within a 13‑mile radius, reducing competition.
    • Includes a two‑story manager's apartment and leasing office.
    • All 21 rooms are equipped with refrigerators, microwaves, complimentary Wi‑Fi, and cable TV.
    • Located near demand generators such as I‑80 traffic, casinos, golf courses, Jack Links plant, convention centers, concert venues, and Henry Doorly Zoo.
    Updated: Mar 25
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    Underwood Motel & Extended Stay
    $1,200,000
    12,770 SF
    Underwood Motel & Extended Stay

    26553 Magnolia Road, Underwood, IA 51576

    34-unit motel off I-80 in Underwood, Iowa.
    • Prime location adjacent to I‑80 (Exit 17) with high visibility and accessibility.
    • Only one of two motels/hotels within a 13‑mile radius, minimizing competition.
    • Recent renovations in 2024 and extensive capital improvements enhance property value and appeal.
    • 34 rooms including 9 extended stay suites with full kitchens, catering to diverse traveler needs.
    • Proximity to demand generators including I‑80 traffic, casinos, Jack Links plant, and Omaha attractions.
    Updated: Mar 25
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Underwood, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fully Renovated Extended-Stay Hotel
    $2,600,000
    2.87 Acres
    Fully Renovated Extended-Stay Hotel

    Modernized 71-room extended-stay facility with guest-friendly amenities, positioned directly across from airport expansion.

    6166 HARBOR DR, Sioux City, IA 51111

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    Renovated Hotel Near Sioux Airport
    $2,600,000
    124,843 SF
    Renovated Hotel Near Sioux Airport

    71-room hotel with recent renovations near Sioux Gateway Airport.

    6166 Harbor Dr, Sioux City, IA 51111

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    Americas Best Value Inn Hotel
    $2,150,000
    Americas Best Value Inn Hotel

    61-room hotel near Des Moines with interstate access.

    203 SE 7th St, Stuart, IA 50250

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    Well-Maintained Motel Near Interstate 80
    Contact for pricing
    Well-Maintained Motel Near Interstate 80

    Independent 20-room motel renovated in 2014 with upside potential.

    203 SW 7th St, Stuart, IA 50250

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Gretna Agricultural Land For Sale
    $4,500,000
    28.45 Acres
    Gretna Agricultural Land For Sale

    28+ acres of agricultural land near proposed commercial development.

    18900 Capehart Road, Gretna, NE 68028

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    Commercial Land Near Highway 71
    $420,000
    242,193 SF
    Commercial Land Near Highway 71

    5.5 acre commercial land for sale near US 71.

    71 South N/a, Maryville, MO 64468

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    Ocean View Finca Development Potential
    $1,550,000
    115.90 Acres
    Ocean View Finca Development Potential

    46.9 hectares with ocean views and natural springs near Playa Carrillo.

    Sioux City, 51101

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    Prime Corner Land in Waukee
    $3,920,400
    4.56 Acres
    Prime Corner Land in Waukee

    4.56 acres in Iowa's fastest growing community.

    Outlot W Grand Prairie Parkway, Waukee, IA 50263

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    Off-Market Properties in Underwood, IA

    Consider similar Off-Market properties in Underwood, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    26553 Magnolia Rd
    HOTEL/MOTEL
    Lot: 1.37 Acres

    26553 Magnolia Rd, Underwood, IA 51576-3762

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    24936 Mulberry Ln
    HOTEL/MOTEL
    7,152 SF Lot: 1.26 Acres

    24936 Mulberry Ln, Underwood, IA 51576-3810

    View details

    Underwood, IA Hospitality Properties Investment Opportunities Market Analysis

    Explore 4 hospitality properties for sale in Underwood, IA on our real estate platform. These investment opportunities span a total of 20,522 square feet of properties for sale, with an estimated market value of $1,750,000.

    Sale prices for hospitality properties in Underwood, IA start at $550,000, averaging $875,000, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Motels 2

    Demographics Overview

    Population 1,890
    Population Growth (5Y) -9.1%
    Median Household Income $107,679
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

    Identify Underwood submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    51576 $875K

    Taxes & Financing

    Tax Rate (average for all types) 1.32%
    Property Tax per SF $53.78 per sq ft
    Tax Rate vs County Average 1.70 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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