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26553 Magnolia Road Underwood, IA 51576

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For Sale
$1,200,000

34-unit motel off I-80 in Underwood, Iowa.

Type:Hospitality
Property size:
12,770 SF
Lot size:
1.37 Acres
Added:
Mar 25, 2026
Days on Market:
11
Last Refresh:
Mar 18 at 8:41 am

Property Features for 26553 Magnolia Road

General Information

Standard status
Active
Size
12,770 SF
Lot size
1.37 Acres
Property subtype
Hospitality

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Listing Contact
Talia Swanson
Talia Swanson

Listing agent Talia Swanson License #20120409

Listing office CBRE | Omaha

Listing date Mar 25, 2026

Source Cbre

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 | Omaha


Overview

Underwood Motel & Extended Stay

The Underwood Motel & Extended Stay is a 34-unit motel located in Underwood, Iowa, adjacent to Interstate 80. Constructed in 1973 and renovated in 1991 and 2024, the two-story, L-shaped building has a total area of 12,770 square feet and is situated on a 1.37-acre lot. The motel features a manager’s office and lobby, as well as a large self-service laundry facility for guests. All rooms include refrigerators, microwaves, complimentary wi-fi, and cable TV. The property includes 9 extended stay suites with separate bedrooms and full kitchens, and 25 rooms with one queen bed and one bathroom. The motel is located next to the Underwood I-80 Truck Stop and is within walking distance of a 500,000-square-foot Jack Links distribution center and the town of Underwood. It is one of only two motels or hotels within 13 miles. The location is convenient to Council Bluffs and the Omaha, Nebraska metropolitan area. Demand generators include I-80 traffic, casinos, golf courses, the Jack Links plant, convention centers, concert venues, and the Henry Doorly Zoo. This property presents an excellent opportunity for an owner/operator.
Location Intelligence

Current Use by Public Records

Underwood Motel I80 Hotel & Motel

Suggested Use

Restaurant Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store Grocery & Convenience Store Bar & Pub

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

Similar Places Nearby

  • Underwood Motel I80 26553 Magnolia Rd, Underwood, IA 51576

Location Insight

  • Map
  • Local Demand
City
Underwood
County
Pottawattamie
State
Iowa
Longitude
-95.6787421
Latitude
41.3761499

FAQs

What type of property is this?
Motel - 34-unit motel off I-80 in Underwood, Iowa.
Where is this motel located?
The property is located at 26553 Magnolia Road Underwood, IA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime location adjacent to I‑80 (Exit 17) with high visibility and accessibility.; Only one of two motels/hotels within a 13‑mile radius, minimizing competition.; Recent renovations in 2024 and extensive capital improvements enhance property value and appeal.
More about this property
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