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Commercial Land at Highway Intersection
For Sale
$225,000

118 N Kennedy Avenue, Madrid, IA 50156

Land, Madrid, IA

Property SizeContact for details
Lot Size0.50 Acres
Days on Market493

Property Features for 118 N Kennedy Avenue

General Information

Property type Land
Property subtype Other
Zoning R
Lot features Flat, Rectangular Lot
Elementary school district Madrid
Middle school district Madrid
High school district Madrid
Directions Property is located on North Kennedy, property sits directly south of Madrid Tiger wash
Subdivision Madrid
Standard status Active
APN 088226361186001
Lot size 0.50 Acres

Taxes and HOA fees

Tax Description WARDENS SUB-DIV L 1 & N 100' OF L 5 NE NE
Tax Annual Amount 317
Legal Description WARDENS SUB-DIV L 1 & N 100' OF L 5 NE NE

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: RE/MAX Precision · RE/MAX International
Listed By: Bo Cosens · License #S67820000
Added: Apr 25, 2025 Changed: Aug 19 Last Checked: Aug 30 at 5:06AM
MLS# 716663

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land parcel contains 0.503 acres at 118 N Kennedy Avenue in Madrid, Iowa. The site is positioned at the intersection of Highway 210 and Highway 17, providing a prominent crossroads setting within the community.

Public water and public sewer serve the property. The parcel is identified for commercial use and offers an established location for future development at a major highway junction.

Key Highlights

  • 0.503‑acre commercial land parcel
  • Located at the intersection of Highway 210 and Highway 17
  • Public water source available

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby

Demographics for 50156, IA

4,662
Population
1,896
Households
2.5
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
88.5 sq mi
ZIP Area
53
Density / Sq Mi
$97,298
Median Household Income
$53,350
Median Earnings
$865
Median Rent
$219,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Half-acre commercial land offering public water and sewer at the intersection of two highways.
Where is this commercial land located?
The property is located at 118 N Kennedy Avenue Madrid, IA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 0.503‑acre commercial land parcel; Located at the intersection of Highway 210 and Highway 17; Public water source available
More about this property
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