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    Hwy 169 & Mdw Rd Adel, IA 50003

    Sponsored
    For Sale
    $1,300,000

    6.78 Acres, High-Traffic Location, Iowa

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.78-acre commercial development land presents a unique investment opportunity in Adel, Iowa. Strategically located at the key intersection of Highway 169 and Meadow Road, this property boasts high visibility and accessibility. The site enjoys significant traffic volume, with a recorded 6,200 vehicles per day in 2019. Currently zoned for commercial use, this land is ideally positioned to capitalize on Adel's robust growth trajectory. Adel's population has experienced a remarkable 67% increase between 2010 and 2020, fueled by the construction of 900 new single-family homes in the last decade. This property sits directly in the path of this ongoing residential and commercial expansion, ensuring strong future value appreciation. Further enhancing its appeal, the land is in close proximity to a newly built aquatic center, a new elementary school, and a planned city recreational complex, creating a vibrant and family-friendly environment. The ongoing southward city annexation and the availability of a commercial tax abatement program extending through 2025 provide additional incentives for development. This prime location, coupled with Adel's dynamic growth and supportive municipal initiatives, makes this a compelling investment for discerning developers seeking a high-return opportunity in a thriving Iowa community. The property is located in Dallas County, Iowa, with a zip code of 50003.

    Property Features for 0 Hwy 169 & Mdw Rd

    General Information

    Property type
    Land
    Lot Size
    295,337 SF

    HighLights

    • 6.78 acres of commercial development land.
    • Prime location at the intersection of Highway 169 and Meadow Road.
    • High traffic count: 6,200 vehicles per day (VPD) in 2019.
    • Commercial zoning.
    • Excellent growth potential due to surrounding residential and commercial development.
    • Near amenities including an aquatic center, new elementary school, and planned recreational complex.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Adel
    County
    Dallas
    State
    Iowa
    Longitude
    -94.0130483
    Latitude
    41.6003408

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    FAQs

    What type of property is this?
    Land - 6.78 Acres, High-Traffic Location, Iowa
    Where is this land located?
    The property is located at Hwy 169 & Mdw Rd Adel, IA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 6.78 acres of commercial development land.; Prime location at the intersection of Highway 169 and Meadow Road.; High traffic count: 6,200 vehicles per day (VPD) in 2019.
    Request Owner's contact information
    Hwy 169 & Mdw Rd Adel, IA 50003
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    Adel, IA 50003
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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
    Hwy 169 & Mdw Rd Adel, IA 50003
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