Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    510 Augusta National Blvd. Washington, IA 52353

    View on Map
    Claim this Listing
    Picture of Land at 510 Augusta National Blvd., Washington, IA
    For Sale
    $47,500

    Unimproved Land - Washington, IA

    Type:Unimproved Land
    Lot size:
    0.29 Acres
    Added:
    Nov 9, 2023
    Days on Market:
    911
    Last Refresh:
    May 8 at 12:06 am

    Property Features for 510 Augusta National Blvd.

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Zoning
    R2
    Standard status
    Active
    APN
    1129102030
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Annual Amount
    144

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jeff Hazelett
    Jeff Hazelett

    Listing agent Jeff Hazelett

    Listing office Century 21 Trinity 107 S Marion Ave, Washington, IA

    Listing date Nov 9, 2023

    MLS# 202305823 Listing URL

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

    HighLights

    • Prime location near Washington Golf & Country Club and Washington High School.
    • City water and sewer services provided.
    • Natural gas and electric utilities available.
    • Paved streets, sidewalks, and streetlights included.
    • Some lots offer walk‑out basement potential.
    • Open to all builders.

    Overview

    Residential Land Near Country Club

    This 0.29-acre residential land is located in the Country Club View subdivision within Washington, Iowa. The 31-lot subdivision is inside the City Limits and offers city water, city sewer, natural gas, electric, paved streets, sidewalks, and streetlights. Situated in the southern part of Washington, the location is near the Washington Golf & Country Club and Washington High School. Some lots accommodate walk-out basements. City infrastructure has been completed, and gas and electric have been installed. The development is open to all builders.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Washington
    County
    Washington
    State
    Iowa
    Longitude
    -91.7011
    Latitude
    41.3004

    Nearby Similar for Sale

    • $239,000

      Versatile Live-Work Space, Washington, IA

      4,260 sq ft commercial space with living potential.
      216 S 15th Ave, Washington, IA 52353
      View Details
    • $195,000

      Washington, Iowa Acreage Opportunity

      7.69 acres of land suitable for residential or commercial development.
      17th Street, Washington, IA 52353
      View Details
    • $120,000
      2,146 SF

      Washington IA Multifamily Investment Property

      Multifamily property with long-term renters near downtown Washington, IA.
      508 N Iowa Ave, Washington, IA 52353
      View Details
    • $120,000
      2,146 SF

      Washington, Iowa Multi-Family Property

      Multi-family property in Washington, Iowa, with 2,146 square feet.
      508 N Iowa Avenue, Washington, IA 52353
      View Details
    • $52,000

      East Adams Residential Building Lots

      Residential building lots on newly paved East Adams Street.
      1308 E Adams St, Washington, IA 52353
      View Details
    • $52,000

      Residential Lots on East Adams

      Available building lots for single-family homes in Washington, Iowa.
      1414 E Adams St, Washington, IA 52353
      View Details
    • $52,000

      Residential Lots on East Adams

      Building lots for single-family homes with easy access to amenities.
      1302 E Adams St, Washington, IA 52353
      View Details
    • $52,000

      Residential Lots on East Adams

      Building lots for single-family homes with easy access.
      1402 E Adams St, Washington, IA 52353
      View Details
    • $52,000

      Residential Lots on East Adams

      Building lots for single-family homes with easy access.
      1314 E Adams St, Washington, IA 52353
      View Details
    • $25,000

      Residential Lot in Prime Location

      Residential lot near downtown Washington, Iowa, walkable to amenities.
      309 N B Ave, Washington, IA 52353
      View Details
    • $108,000

      Residential Land in City Limits

      Unimproved land in Washington, IA, ready for development.
      1631 S Ave. E, Washington, IA 52353
      View Details
    • $47,500

      Residential Land Near Country Club

      Unimproved land in new subdivision near Washington Golf Club.
      504 Augusta National Blvd., Washington, IA 52353
      View Details

    FAQs

    What type of property is this?
    Land - Residential land available in Washington, IA near the Country Club.
    Where is this land located?
    The property is located at 510 Augusta National Blvd. Washington, IA.
    What is the asking price?
    The asking price for this property is $47,500.
    What are key features of this property?
    This property features: Prime location near Washington Golf & Country Club and Washington High School.; City water and sewer services provided.; Natural gas and electric utilities available.
    (319) 548-1576
    We can help!
    Listing Contact
    Jeff Hazelett
    Jeff Hazelett
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    510 Augusta National Blvd., Washington, IA 52353
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!