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    200 28Th St Fairfield, IA 52556

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    For Sale
    Contact for pricing

    Prime Commercial Land, Fairfield, IA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 13.18-acre commercial land parcel presents a unique investment opportunity in Fairfield, Iowa. Strategically located just west of Highway 34, this property enjoys high visibility and accessibility, situated between a Walmart Supercenter and Tractor Supply Co. Across the intersection lie local Ford and Chevy dealerships, ensuring significant daily traffic flow. The land's versatility allows for a range of development options, including retail, office, flex space, or multi-family residential projects. Lots 2 and 3 are particularly well-suited for single or multi-family development. The property offers flexible lot sizes, with the possibility of subdivision to meet specific project needs. All utilities are readily available at adjacent properties, simplifying development and reducing upfront costs. Fairfield, the county seat of Jefferson County, is a thriving community renowned for its entrepreneurial spirit and as the home of Maharishi University. Furthermore, economic incentives are available, making this an even more attractive proposition for developers seeking a prime location with significant growth potential. This is a rare opportunity to acquire a substantial commercial land parcel in a dynamic and growing market.

    Property Features for 200 28Th St

    General Information

    Property type
    Land
    Lot Size
    574,121 SF

    HighLights

    • Economic incentives are available.
    • Utilities are readily available at neighboring properties.
    • Versatile lots suitable for retail, office, flex, or multifamily development.
    • Lots 2 and 3 are also suitable for single‑family or multifamily development.
    • Lots are available in flexible sizes and can be subdivided.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fast Blade Lawn ... Lawn Care Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Jefferson
    State
    Iowa
    Longitude
    -91.9955008
    Latitude
    41.008242

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Fairfield, IA
    Where is this land located?
    The property is located at 200 28Th St Fairfield, IA.
    What are key features of this property?
    This property features: Economic incentives are available.; Utilities are readily available at neighboring properties.; Versatile lots suitable for retail, office, flex, or multifamily development.
    Request Owner's contact information
    200 28Th St Fairfield, IA 52556
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    Fairfield, IA 52556
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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
    200 28Th St Fairfield, IA 52556
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