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Highway Visible Commercial Lot
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1102 1st Ave Se, Oelwein, IA 50662

1.4 acre commercial lot with highway visibility and income.

Property SizeContact for details
Lot Size1.40 Acres
Days on Market83

Property Features for 1102 1st Ave Se

General Information

Standard status Active
Lot size 1.40 Acres
Property subtype Special Purpose
Listing Agency: CENTURY 21 Signature Real Estate
Listed By: Erica Bushaw · License #IA
Source: Crexi
Added: May 20 Changed: Aug 8 Last Checked: Aug 8 at 3:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Signature Real Estate

Investment Insights

Based on property information with market context.

This nearly 1.4 acre commercial lot offers highway visibility and is zoned C-2, accommodating a variety of uses. The property is easily accessible off South Frederick and is one of the few remaining commercial lots along Highway 150 within city limits. A billboard lease is in place through 2030, providing an income stream for the owner.

Key Highlights

  • Zoned C‑2 allowing for a variety of uses.
  • Highway visibility.
  • Billboard lease provides income stream through 2030.

Property Analytics

Current Use

Oelwein Elevator Co Feed Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Restaurant Building Supply Law Firm Hair Salon

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

277
Businesses Nearby

Demographics for 50662, IA

6,693
Population
3,260
Households
2.1
Avg Household Size
44
Median Age
16%
College-Educated
92%
High-School Grad
70.4 sq mi
ZIP Area
95
Density / Sq Mi
$49,145
Median Household Income
$37,378
Median Earnings
$760
Median Rent
$108,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.4 acre commercial lot with highway visibility and income.
Where is this commercial land located?
The property is located at 1102 1st Ave Se Oelwein, IA.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Zoned C‑2 allowing for a variety of uses.; Highway visibility.; Billboard lease provides income stream through 2030.
More about this property
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