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    1264 T Ave Boone, IA 50036

    For Sale
    Contact for pricing

    Lots & Land - Boone, IA

    Lot size:
    25.45 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 1264 T Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    088325053200003
    Lot size
    25.45 Acres

    Building Details

    Architectural style
    Other

    Gannon Real Estate & Consult (515) 291-5942

    Listing agent Mark Gannon (515) 233-4144

    Listing date Nov 10, 2025

    MLS# 6332888 Listing URL

    Copyright © 2025 RLI Farm & Ranch Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Boone Land with Highway Visibility

    This 25.45-acre property is zoned heavily industrial and located on the south side of Highway 30 between Ames and Boone. The property has the potential for commercial rezoning. It is situated one mile SE of the Farm Progress Show site, which will return to central Iowa in 2026. The location experiences high traffic, with over 16,000 vehicles daily in 2024, and offers significant visibility. The land, previously the site of a grain elevator and cement plant over 20 years ago, includes 9.46 acres of open cropland of excellent quality on its southern portion. The owner is planning to remove semi-trailers currently on the land in the near future. A Phase 1 environmental assessment was conducted on part of the property several years ago and is available for review by potential buyers. The property is offered in four tracts. Rural water is available in the area, and three-phase power is accessible. The owners receive lease payments for a double-sided lighted billboard with two billboards on each side and plan to retain the easement lease. These panels could be leased from Lamar Advertising, potentially adding value for a business on the site. The property is divided into four tracts: Tract 1 is 2.5 acres, Tract 2 is 2.5 acres, Tract 3 is 8 acres, and Tract 4 is 12.45 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Kitchen & Bath Storage Facility Furniture Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boone
    County
    Boone
    State
    Iowa
    Longitude
    -93.7960938
    Latitude
    42.0268867

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    FAQs

    What type of property is this?
    Commercial land - 25.45 acres of industrial land with high traffic location.
    Where is this commercial land located?
    The property is located at 1264 T Ave Boone, IA.
    What is the asking price?
    The asking price for this property is $1.00.
    What are key features of this property?
    This property features: - High traffic location with great visibility (over 16,000 daily in 2024).; - Heavily Industrial zoned property with future commercial rezoning potential.; - Located one mile SE of the Farm Progress Show site (returning in 2026).
    (515) 233-4144
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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

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    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
    1264 T Ave Boone, IA 50036
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