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    1006 19Th St Newton, IA 50208

    Sponsored
    For Sale
    $2,277,317

    52 Acres, Mixed-Use Potential, I-80 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 52.28-acre parcel presents a prime development opportunity in Newton, Iowa. Strategically located near I-80, this property boasts convenient access to major transportation routes. Currently zoned R-3 Mixed Residential, the land offers significant potential for a variety of residential projects, including single-family homes and multi-family dwellings. The site is situated within an established residential area, providing a desirable location for future residents. Its proximity to schools, the YMCA, the airport, and the Iowa Speedway further enhances its appeal. With a total land area of 2,284,896 square feet, this expansive tract offers ample space for large-scale development. The asking price is $2,277,317, translating to $43,560 per acre. This represents a compelling investment opportunity in a thriving community with strong growth prospects. The property's location north of I-80 ensures easy access for commuters and residents alike. Detailed zoning information and future land use plans are available upon request. This is a rare opportunity to acquire a significant land holding in a desirable location with excellent infrastructure and amenities. Don't miss out on this chance to shape the future of Newton.

    Property Features for 1006 19Th St

    General Information

    Property type
    Land
    Lot Size
    2,277,317 SF

    HighLights

    • 52.28‑acre land parcel available for development.
    • Located in an established residential neighborhood.
    • Future Land Use designation: Mixed Residential.
    • Convenient access to I‑80.
    • Proximity to schools, YMCA, airport, and Iowa Speedway.
    • 2,284,896 square feet of land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Jasper
    State
    Iowa
    Longitude
    -93.0262327
    Latitude
    41.6902551

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    FAQs

    What type of property is this?
    Land - 52 Acres, Mixed-Use Potential, I-80 Access
    Where is this land located?
    The property is located at 1006 19Th St Newton, IA.
    What is the asking price?
    The asking price for this property is $2,277,317.
    What are key features of this property?
    This property features: 52.28-acre land parcel available for development.; Located in an established residential neighborhood.; Future Land Use designation: Mixed Residential.
    (515) 964-1587
    Request Owner's contact information
    1006 19Th St Newton, IA 50208
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    Newton, IA 50208
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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
    1006 19Th St Newton, IA 50208
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