Listing Agency: Knapp Properties L.C. Show Phone

Listed By: Brian Erickson · License #IA B55744000

Source: Crexi

Added: Aug 14, 2024 Changed: Aug 25 Last Checked: Aug 24 at 9:40AM

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Investment Insights

Based on property information with market context.

Available for purchase is up to 57.23 acres of development land. The property is located at the northwest corner of Interstate 80 and Speedway Drive in Newton, Iowa. It offers visibility from the interstate and access via Speedway Drive. The site is approximately 2 minutes from Iowa Speedway. The property is suitable for retail, industrial, and hospitality uses. Public financial incentives may be available.

Key Highlights

• Up to 57.23 acres of development land.
• Located at the northwest corner of Interstate 80 and Speedway Drive.
• Great visibility from Interstate 80.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

139

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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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Up to 57.23 acres of development land for sale.

Where is this commercial land located?

The property is located at Iowa Speedway Dr and I-80 Newton, IA.

What is the asking price?

The asking price for this property is $3,117,263.

What are key features of this property?

This property features: Up to 57.23 acres of development land.; Located at the northwest corner of Interstate 80 and Speedway Drive.; Great visibility from Interstate 80.