Commercial Development Land
For Sale
$499,000
1315 1st E Avenue, Newton, IA 50208
Multi-use commercial land includes approximately 487 feet of frontage and about 5.44 acres suitable for development with approved fill plans.
Property SizeContact for details
Lot Size5.44 Acres
Days on Market618
Property Features for 1315 1st E Avenue
General Information
Standard status
Active
Lot size
5.44 Acres
Property subtype
Lots/Land
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,955
Listing Agency:
Birkenholz Real Estate
(641) 521-3378
Listed By:
Dick Boggess · License #832110000
(641) 521-3378
Source:
Exitrealty
Added: Dec 2, 2024
Changed: Aug 8
Last Checked: Jul 16 at 5:46PM
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 Birkenholz Real Estate
Investment Insights
Based on property information with market context.
This offering is a commercial development land parcel totaling approximately 5.44 acres, with about 487 feet of frontage. The property is described as suitable for retail, commercial, housing, or a combination of uses, with Seller considering subdivision within reason.
The parcel is near the center of Newton’s population. The NW corner portion of approximately 20,870 square feet is subject to a deed restriction. An Iowa DNR analysis of the flood plain included a base elevation for the flood area, and the City of Newton will approve fill plans in coordination with the site plan.
The seller indicates the whole site can be utilized for construction with the approved fill.
The parcel is near the center of Newton’s population. The NW corner portion of approximately 20,870 square feet is subject to a deed restriction. An Iowa DNR analysis of the flood plain included a base elevation for the flood area, and the City of Newton will approve fill plans in coordination with the site plan.
The seller indicates the whole site can be utilized for construction with the approved fill.
Key Highlights
- +/-487 feet of frontage with about 5.44 acres (+/-235,846 SF) for retail, commercial, housing, or mixed use development.
- Seller is considering subdivision within reason.
- NW corner (20,870 SF) is subject to a deed restriction.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
301
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?
Commercial land - Multi-use commercial land includes approximately 487 feet of frontage and about 5.44 acres suitable for development with approved fill plans.
Where is this commercial land located?
The property is located at 1315 1st E Avenue Newton, IA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: +/-487 feet of frontage with about 5.44 acres (+/-235,846 SF) for retail, commercial, housing, or mixed use development.; Seller is considering subdivision within reason.; NW corner (20,870 SF) is subject to a deed restriction.
