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    Old Highway 6 Redfield, IA 50233

    Sponsored
    For Sale
    $189,900

    1.79-Acre Commercial Lot in Iowa

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.79-acre commercial land parcel presents a prime investment opportunity in Redfield, Iowa. Strategically located just north of a Dollar General store, this property boasts convenient access via a frontage road directly off Old Highway 6, ensuring high visibility and accessibility. The lot's future land use is designated for commercial purposes, aligning perfectly with the area's growth trajectory. With an average annual daily traffic count of 1450 vehicles on Old Highway 6, this location offers significant exposure for any commercial venture. The property's APN is 1304401004. This makes it ideal for developers seeking a site for new construction or investors looking for a strong return. The asking price is $189,900. Further details regarding utilities are available upon request. This property is zoned for commercial use and sits in Dallas County, Iowa, with a zip code of 50233. The address is S Old Hwy 6, Redfield, IA. Don't miss this chance to acquire a valuable asset in a thriving commercial area. This property is classified as both agricultural and commercial land.

    Property Features for 0 Old Highway 6

    General Information

    Property type
    Farms
    Lot Size
    77,972 SF

    HighLights

    • 1.79‑acre commercial land parcel in Redfield, IA, APN 1304401004, zoned commercial.
    • High‑visibility location on Old Hwy 6, north of Dollar General, with 1450 AADT.
    • Ideal for new construction or investment, asking price $189,900.
    • Located in Dallas County, IA, zip code 50233, address: S Old Hwy 6, Redfield, IA.
    • Designated for commercial use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Redfield
    County
    Dallas
    State
    Iowa
    Longitude
    -94.1898043
    Latitude
    41.5547756

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    Nearby Similar for Sale

    • $200,000
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      1119 Thomas St, Redfield, IA 50233

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    FAQs

    What type of property is this?
    Farm - 1.79-Acre Commercial Lot in Iowa
    Where is this farm located?
    The property is located at Old Highway 6 Redfield, IA.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: 1.79-acre commercial land parcel in Redfield, IA, APN 1304401004, zoned commercial.; High-visibility location on Old Hwy 6, north of Dollar General, with 1450 AADT.; Ideal for new construction or investment, asking price $189,900.
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    Old Highway 6 Redfield, IA 50233
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    Redfield, IA 50233
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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
    Old Highway 6 Redfield, IA 50233
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