Property summary
This exceptional 5.18-acre commercial lot presents a remarkable opportunity for businesses seeking high visibility and ample space. Situated on heavily trafficked Highway 9 in Decorah, Iowa, this property boasts an unparalleled location at Winneshiek County's busiest intersection. The site benefits from the established presence of major retailers such as Walmart, Casey's, Norby's, and Spahn & Rose, ensuring significant foot traffic and brand recognition. City water and sewer are readily available, simplifying the development process. The expansive acreage allows for diverse development options, including office buildings, event centers, professional facilities, or retail spaces. This prime location guarantees easy customer access and high visibility, making it an ideal investment for businesses aiming to establish a strong presence in a thriving community. The potential for growth and success is immense, making this property a truly exceptional opportunity. Don't miss out on this chance to secure a prominent location in a dynamic market. The asking price is $649,900.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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