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    1645 B Ave Nevada, IA 50201

    Sponsored
    For Sale
    $375,000

    Prime 1-acre commercial lot in Nevada, IA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial lot is part of the Nevada Business Park, situated at 1645 S B Ave, Nevada, IA 50201, in Story County. The property boasts a highly desirable Commercial zoning designation, making it ideal for a wide range of business ventures. Its strategic location offers unparalleled visibility and convenient access from Highway 30, ensuring high traffic exposure for your business. The lot is one of three available within the park, presenting a unique opportunity to establish a presence in a thriving commercial area. Nearby amenities include established businesses such as McDonald's, Fareway, Casey's, and Burgies Coffee, creating a vibrant and well-established commercial environment. The asking price for this exceptional property is $375,000. This represents a significant investment opportunity in a rapidly growing area with strong potential for return. Don't miss this chance to secure a prime location for your next business endeavor. The property's coordinates are 42.0102593 latitude and -93.4382055 longitude.

    Property Features for 1645 B Ave

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre commercial lot in Nevada Business Park, Nevada, IA.
    • Commercial zoning allows for diverse business uses.
    • High visibility and convenient Highway 30 access.
    • One of three available lots in a thriving commercial area.
    • $375,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Nevada
    County
    Story
    State
    Iowa
    Longitude
    -93.4382055
    Latitude
    42.0102593

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    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot in Nevada, IA.
    Where is this land located?
    The property is located at 1645 B Ave Nevada, IA.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 1-acre commercial lot in Nevada Business Park, Nevada, IA.; Commercial zoning allows for diverse business uses.; High visibility and convenient Highway 30 access.
    (515) 290-7007
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    1645 B Ave Nevada, IA 50201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1645 B Ave Nevada, IA 50201
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