Commercial Land with Highway
For Sale
Contact for pricing
2 Luther St, Luther, IA 50152
Commercial lot on Hwy 17 with electric and water hookups, currently leased as parking through July 2027.
Property SizeContact for details
Lot Size0.53 Acres
Days on Market110
Property Features for 2 Luther St
General Information
Standard status
Active
Lot size
0.53 Acres
Property subtype
LAND
Site & Location
Traffic Count
5,300 vehicles/day
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Listing Agency:
Hunziker Companies
(515) 233-4440
Listed By:
Jim Horstman
(515) 720-7859
Source:
Moodyscre
Added: May 27
Changed: Sep 2
Last Checked: Sep 12 at 11:01AM
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 Hunziker Companies
Investment Insights
Based on property information with market context.
Commercial land offered for sale in Luther, Iowa, featuring Hwy 17 frontage and utilities already available on-site. Electric and water hookups are located on the lot, which measures over one-third of an acre (0.36) totaling 15,700 sq ft as listed by the Boone County Assessor.
The property is described as being directly across the street (north) from WHATCHA SMOKIN BBQ Restaurant. The listing also cites 5,300 daily vehicle traffic count for Hwy 17 as reported by the DOT.
The lot is currently leased by the restaurant as a parking lot through July 2027 at a rent of $2,000 per month, and the tenant maintains the lot.
The property is described as being directly across the street (north) from WHATCHA SMOKIN BBQ Restaurant. The listing also cites 5,300 daily vehicle traffic count for Hwy 17 as reported by the DOT.
The lot is currently leased by the restaurant as a parking lot through July 2027 at a rent of $2,000 per month, and the tenant maintains the lot.
Key Highlights
- Commercial land lot for sale in Luther, Iowa with Prime Hwy 17 frontage location
- Hwy 17 frontage with 5,300 daily vehicle traffic count (DOT)
- 0.36‑acre lot (15,700 SF) per Boone County Assessor
Property Analytics
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Current Use
Lease Details
5,300 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
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Business Placement
Demographics for 50152, IA
142
Population
59
Households
2.4
Avg Household Size
51
Median Age
19%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
355
Density / Sq Mi
$85,417
Median Household Income
$41,875
Median Earnings
$179,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial lot on Hwy 17 with electric and water hookups, currently leased as parking through July 2027.
Where is this commercial land located?
The property is located at 2 Luther St Luther, IA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Commercial land lot for sale in Luther, Iowa with Prime Hwy 17 frontage location; Hwy 17 frontage with 5,300 daily vehicle traffic count (DOT); 0.36‑acre lot (15,700 SF) per Boone County Assessor
