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3.87 AC Land Parcel
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1205 N Broadway St, Red Oak, IA 51566

3.87 AC site on N. Broadway in Red Oak, IA.

Property SizeContact for details
Lot Size3.87 Acres
Days on Market594

Property Features for 1205 N Broadway St

General Information

Standard status Active
Lot size 3.87 Acres
Property subtype Land
Listing Agency: Lee & Associates - Lincoln
Listed By: Daniel J. Goaley · License #NE 20061147
Source: Crexi
Added: Jan 28, 2025 Changed: Sep 11 Last Checked: Sep 13 at 5:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Lincoln

Investment Insights

Based on property information with market context.

This 3.87-acre site is located on N. Broadway and bordered by West Oak and West Bridge Streets. The lot can be divided into two parcels: Lot 1, comprising 2.16 acres, and Lot 2, comprising 1.71 acres. The property is situated in Red Oak, Iowa, home to the Montgomery County Building, with a recent population count of 5,500.

Key Highlights

  • 3.87 AC site facing N. Broadway
  • Divisible into two lots: 2.16 AC and 1.71 AC
  • Bordered by West Oak and West Bridge Streets

Property Analytics

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Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office Storage Facility Cafe & Coffee Shop

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

419
Businesses Nearby

Demographics for 51566, IA

6,772
Population
3,435
Households
2
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
176.4 sq mi
ZIP Area
38
Density / Sq Mi
$58,264
Median Household Income
$40,632
Median Earnings
$783
Median Rent
$116,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - 3.87 AC site on N. Broadway in Red Oak, IA.
Where is this land located?
The property is located at 1205 N Broadway St Red Oak, IA.
What is the asking price?
The asking price for this property is $550,706.
What are key features of this property?
This property features: 3.87 AC site facing N. Broadway; Divisible into two lots: **2.16 AC and 1.71 AC**; Bordered by West Oak and West Bridge Streets
(402) 690-0400 Call to check price and availability
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