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    1127 12Th St Newton, IA 50208

    Sponsored
    For Sale
    $225,000

    Multi-building complex, high rental potential.

    Property size:
    3,001 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional Newton, IA commercial property presents a unique investment opportunity. The offering encompasses two parcels totaling 0.53 acres, featuring four buildings with a combined 5,329 square feet of versatile space. Parcel 1 (0827279012) includes three buildings, offering a total of 3,001 square feet. Parcel 2 (0827279011) comprises a single building spanning 2,328 square feet. The property boasts eight existing rental units, with significant potential for expansion and additional units on the main building. The existing structures offer a diverse range of spaces, including water access, two furnaces, overhead doors, ample storage, dedicated workspace, and office areas suitable for retail or other commercial uses. The flexible layout and multiple buildings provide exceptional adaptability for a variety of business ventures or rental income streams. This property's location in Newton, IA, offers excellent access to local amenities and transportation networks. The combination of existing income potential and expansion possibilities makes this a compelling investment opportunity for discerning buyers seeking a high-return property. The asking price is $225,000.

    Property Features for 1127 12Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,001 SF
    Lot Size
    23,087 SF

    Building Details

    Year Built
    1976
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Jasper
    State
    Iowa
    Longitude
    -93.0392
    Latitude
    41.7109

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    FAQs

    What type of property is this?
    Commercial real estate - Multi-building complex, high rental potential.
    Where is this commercial real estate located?
    The property is located at 1127 12Th St Newton, IA.
    What is the asking price?
    The asking price for this property is $225,000.
    (641) 792-5656
    Request Owner's contact information
    1127 12Th St Newton, IA 50208
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    Newton, IA 50208
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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

    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.

    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
    1127 12Th St Newton, IA 50208
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