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    Nec Of I-80 & St Grinnell, IA 50112

    For Sale
    Contact for pricing

    Prime Iowa Commercial Land, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional commercial land parcel presents a unique investment opportunity at the Northeast corner of I-80 and West Street in Oakland Acres, Poweshiek County, Iowa. The property boasts a strategic location, offering unparalleled visibility and accessibility due to its proximity to Interstate 80. Zoned C-1 (general commercial), this versatile land allows for a wide range of development possibilities. The lot size is flexible, ranging from 1.45 to 24.66 acres, providing options for various project scales. Land value is competitively priced, ranging from $2 to $12 per square foot, reflecting the significant potential for return on investment. The area benefits from a strong economic base, fueled by Grinnell College, a prestigious private university with 1,700 students, consistently ranked among the nation's best liberal arts colleges. Grinnell's strategic location, situated midway between Des Moines and Iowa City, and just 15 minutes from the Iowa Speedway in Newton, further enhances the property's appeal and potential for attracting a diverse clientele. This prime commercial land offers an exceptional opportunity for developers and investors seeking a high-impact location with significant growth potential in a thriving Iowa community. The property's zip code is 50112. The latitude and longitude coordinates are 41.6963074 and -92.7254832 respectively.

    Property Features for 0 Nec Of I-80 & St

    General Information

    Property type
    Land
    Lot Size
    63,162 SF

    HighLights

    • Excellent Grinnell location, midway between Des Moines and Iowa City, 15 minutes from Newton's Iowa Speedway.
    • Grinnell College, a highly‑ranked private liberal arts college, boasts a 1,700‑student enrollment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grinnell
    County
    Poweshiek
    State
    Iowa
    Longitude
    -92.7254832
    Latitude
    41.6963074

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    FAQs

    What type of property is this?
    Land - Prime Iowa Commercial Land, Excellent Location
    Where is this land located?
    The property is located at Nec Of I-80 & St Grinnell, IA.
    What are key features of this property?
    This property features: Excellent Grinnell location, midway between Des Moines and Iowa City, 15 minutes from Newton's Iowa Speedway.; Grinnell College, a highly-ranked private liberal arts college, boasts a 1,700-student enrollment.;
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    Nec Of I-80 & St Grinnell, IA 50112
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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

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    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
    Nec Of I-80 & St Grinnell, IA 50112
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