Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1501 1St Ave Newton, IA 50208

    Sponsored
    For Sale
    $399,900

    Prime commercial land near Hy-Vee.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial development opportunity encompasses approximately 1.22 to 1.44 acres of land strategically located in Newton, Iowa, at 1501 1st Avenue E, zip code 50208. The property is situated in Jasper County and offers excellent visibility and accessibility. The land is divided into two parcels. Parcel A boasts frontage on Highway 6 and is directly adjacent to the Hy-Vee Fast N Fresh store. Parcel B is located immediately behind the Hy-Vee Fast N Fresh, sharing a border with the store's parking lot. This prime location benefits from its proximity to a major grocery retailer, ensuring high traffic volume and excellent exposure for any commercial venture. The site is part of a thriving retail corridor, characterized by good visibility and a signalized intersection, further enhancing its appeal to potential developers. The asking price for this exceptional property is $399,900. This presents a unique chance to establish a business in a high-traffic area with strong existing infrastructure. The property's location adjacent to a well-established Hy-Vee store makes it an ideal site for complementary businesses or retail development.

    Property Features for 1501 1St Ave

    General Information

    Property type
    Land
    Lot Size
    53,143 SF

    HighLights

    • 1.22‑1.44 acre commercial development site on Highway 6 in Newton, IA (50208).
    • Adjacent to Hy‑Vee Fast N Fresh store.
    • Located in a strong retail corridor with excellent visibility.
    • Benefits from a signalized intersection for optimal access.
    • Asking price: $399,900.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Jasper
    State
    Iowa
    Longitude
    -93.033908335096
    Latitude
    41.699191870965

    Nearby Similar for Sale

    • $199,000
      0.20 Acres

      Versatile Commercial Building in Newton

      High-visibility Newton building with full kitchen, bar, and furniture.
      111 E 2Nd St S, Newton, IA 50208
      View Details
    • $390,000
      Pending

      New Construction Duplex in Newton

      New 2-bedroom, 2.5-bathroom duplex in a quiet cul-de-sac.
      2389 N 10Th Ave E, Newton, IA 50208
      View Details
    • $169,900
      Pending

      Commercial Lot with Retail Buildings

      Commercial lot with retail and storage buildings in Newton, Iowa.
      1000 1St Ave E, Newton, IA 50208
      View Details
    • Contact for pricing
      2,160 SF

      New Drive-Thru Starbucks Investment

      New construction Starbucks in Newton, IA, near Interstate 80.
      1220 W 18Th St S, Newton, IA 50208
      View Details
    • $675,000
      3,520 SF

      Newton Estate with Carriage House

      Spacious Newton property with main house and finished carriage house.
      1149 W 28Th St, Newton, IA 50208
      View Details
    • $235,000
      8,067 SF

      Historic Newton Landmark Awaits Vision

      Historic building in downtown Newton, ready for its next chapter.
      219 North 2Nd Ave West, Newton, IA 50208
      View Details
    • $199,000
      0.98 Acres

      Newton Retail Property - Prime Location

      Two Buildings, 0.98 Acres, High Visibility
      1000 Ave, Newton, IA 50208
      View Details
    • $350,000
      0.63 Acres

      Newton Office Building - Great Investment

      Prime Newton location, 0.63-acre lot, $350,000.
      1805 8Th Ave, Newton, IA 50208
      View Details
    • $877,500
      22,500 SF

      Newton Industrial Space - Great Location!

      22,500 SF Industrial/Office, 2.57 Acres
      1501 15Th Ave, Newton, IA 50208
      View Details
    • $225,000
      3,001 SF

      Newton Commercial Property - Huge Potential

      Multi-building complex, high rental potential.
      1127 12Th St, Newton, IA 50208
      View Details
    • $265,000
      12,946 SF

      Iowa. Reach out to your preferred agent for additional information and to arrange a showing.""""}"""

      Prime Newton Office Building
      200 1St Ave, Newton, IA 50208
      View Details
    • $799,000
      6,204 SF

      Downtown Newton Commercial Gem

      Turnkey property with 16+ suites & living space
      112 2Nd Ave, Newton, IA 50208
      View Details

    FAQs

    What type of property is this?
    Land - Prime commercial land near Hy-Vee.
    Where is this land located?
    The property is located at 1501 1St Ave Newton, IA.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: 1.22-1.44 acre commercial development site on Highway 6 in Newton, IA (50208).; Adjacent to Hy-Vee Fast N Fresh store.; Located in a strong retail corridor with excellent visibility.
    Request Owner's contact information
    1501 1St Ave Newton, IA 50208
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1501 1St Ave
    Newton, IA 50208
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1501 1St Ave Newton, IA 50208
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.