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    Hwy F48 Newton, IA 50208

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    For Sale
    Contact for pricing

    97 Acres, Prime Residential Subdivision Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 97.67-acre parcel presents a unique investment opportunity on the western edge of Newton, Iowa, within Jasper County. Currently zoned for residential use, this transitional farmland is ideally positioned for annexation into the City of Newton, offering significant development potential. A pre-existing city sewer sanitary line runs along the property's western border, simplifying infrastructure connection for future projects. The land boasts a gently rolling topography and mature trees, creating an attractive setting for a high-end residential subdivision. A conceptual plan envisions 66 lots, ranging from 0.92 to 3.54 acres, perfect for larger, private homesites. This property offers flexibility

    Property Features for 0 Hwy F48

    General Information

    Property type
    Land
    Lot Size
    4,254,505 SF

    HighLights

    • Price: Negotiable, contact broker for details.
    • Land Size: 97.67 acres.
    • Zoning: Residential, Jasper County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newton
    County
    Jasper
    State
    Iowa
    Longitude
    -93.081684
    Latitude
    41.696583

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    FAQs

    What type of property is this?
    Land - 97 Acres, Prime Residential Subdivision Site
    Where is this land located?
    The property is located at Hwy F48 Newton, IA.
    What are key features of this property?
    This property features: Price: Negotiable, contact broker for details.; Land Size: 97.67 acres.; Zoning: Residential, Jasper County.
    Request Owner's contact information
    Hwy F48 Newton, IA 50208
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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 F48 Newton, IA 50208
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