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    Broad St Story City, IA 50248

    For Sale
    $620,000

    Prime Iowa commercial lots, I-35 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents two commercial lots totaling 6.23 acres, strategically located off Interstate 35 in Story City, Iowa. Boasting high visibility and easy access from the interstate, these lots offer unparalleled potential for a variety of commercial ventures. Each lot is approximately 3 acres in size, providing ample space for development. Lot 5 encompasses 3.11 acres and is priced at $295,000, while Lot 6, measuring 3.12 acres, is offered at $325,000. The combined purchase of both lots is available for $620,000. The property's prime location near established businesses, including restaurants, hotels, Casey's General Store, and Kwik Star, ensures high traffic and customer visibility. This presents a unique chance to capitalize on a thriving commercial corridor in a rapidly growing area. The property is zoned for commercial use (verification required by buyer). This is an ideal opportunity for developers seeking a high-impact location with excellent accessibility and strong surrounding infrastructure. Don't miss this chance to secure a prominent position on I-35 in Story City, Iowa. The address is Broad St, Story City, IA 50248.

    Property Features for 0 Broad St

    General Information

    Property type
    Land
    Lot Size
    271,379 SF

    HighLights

    • Exceptional investment opportunity.
    • High visibility and I‑35 access in Story City, IA.
    • Two commercial lots totaling 6.23 acres.
    • Each lot approximately 3 acres; individual lot purchases available.
    • Prime location near hotels, restaurants, and convenience stores.
    • Lot 5: $295,000; Lot 6: $325,000; Both lots: $620,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Story City
    County
    Story
    State
    Iowa
    Longitude
    -93.56471
    Latitude
    42.1872

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    FAQs

    What type of property is this?
    Land - Prime Iowa commercial lots, I-35 access.
    Where is this land located?
    The property is located at Broad St Story City, IA.
    What is the asking price?
    The asking price for this property is $620,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity.; High visibility and I-35 access in Story City, IA.; Two commercial lots totaling 6.23 acres.
    (515) 290-7007
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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
    Broad St Story City, IA 50248
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