Listing Agency: CBRE - Des Moines m***@cbre.com Show Phone

Listed By: Michael A. Smith · License #IA S43822000

Source: Crexi

Added: Nov 28, 2023 Changed: Aug 31 Last Checked: Aug 30 at 8:35PM

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Investment Insights

Based on property information with market context.

Commercial development land is available for purchase in Newton, Iowa. The property is located adjacent to a Hy-Vee store. Parcel A is situated next to Hy-Vee Fast N Fresh and has frontage on Highway 6. Parcel B is located directly behind Hy-Vee Fast N Fresh and is adjacent to the store parking lot.

Key Highlights

• Adjacent to Hy‑Vee store, offering high visibility and customer traffic.
• Located in Newton, Iowa.
• Parcel A has frontage on Highway 6, providing excellent exposure.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Hair Salon Gym & Fitness Center Grocery & Convenience Store

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

301

Businesses Nearby

Explore this area Business Placement

Demographics for 50208, IA

20,918

Population

8,919

Households

2.3

Avg Household Size

42

Median Age

17%

College-Educated

91%

High-School Grad

158.5 sq mi

ZIP Area

132

Density / Sq Mi

$61,064

Median Household Income

$37,490

Median Earnings

$830

Median Rent

$161,900

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land available adjacent to Hy-Vee in Newton, Iowa.

Where is this commercial land located?

The property is located at 1501 1st Ave E 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: Adjacent to Hy‑Vee store, offering high visibility and customer traffic.; Located in Newton, Iowa.; Parcel A has frontage on Highway 6, providing excellent exposure.