Transitional Farmland Ready for
For Sale
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Hwy F 48 W & W 28th St S, Newton, IA 50208
Farmland on Newton's edge, ideal for subdivision development.
Property SizeContact for details
Lot Size97.67 Acres
Days on Market631
Property Features for Hwy F 48 W & W 28th St S
General Information
Standard status
Active
Lot size
97.67 Acres
Property subtype
LAND
Listing Agency:
CBRE
(515) 402-6600
Listed By:
Chris Pendroy · License #S33231000
(515) 402-6600
Source:
Moodyscre
Added: Nov 18, 2024
Changed: Aug 8
Last Checked: Jul 15 at 8:14PM
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 CBRE
Investment Insights
Based on property information with market context.
This unique farmland opportunity is located on the western edge of Newton, Iowa, situated in Jasper County on the city limit, making it a likely candidate for annexation into the City of Newton. A city sewer sanitary line runs along the west side of the property, facilitating convenient connection. The site features rolling topography and trees, making it suitable for a subdivision with privacy lots and views. A concept plan shows 66 lots ranging in size from 0.92 to 3.54 acres, ideal for in-town acreages. This land can continue to be farmed or is ready for development. It is great for a 1031 exchange or a developer who recognizes the potential for lot sales in a vibrant bedroom community of Des Moines.
Key Highlights
- Prime development opportunity on the edge of Newton, Iowa, suitable for a subdivision.
- City sewer line access on the west side of the property facilitates easy connection.
- Potential for annexation into the City of Newton.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
Explore this area
Business Placement
Demographics for 50208, IA
20,918
Population
8,919
Households
2.3
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
158.5 sq mi
ZIP Area
132
Density / Sq Mi
$61,064
Median Household Income
$37,490
Median Earnings
$830
Median Rent
$161,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Farmland on Newton's edge, ideal for subdivision development.
Where is this land located?
The property is located at Hwy F 48 W & W 28th St S Newton, IA.
What are key features of this property?
This property features: Prime development opportunity on the edge of Newton, Iowa, suitable for a subdivision.; City sewer line access on the west side of the property facilitates easy connection.; Potential for annexation into the City of Newton.
