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    115 Main St Lytton, IA 50561

    For Sale
    $491,910

    16.2 Acres, Multiple Buildings, $491,910

    Property size:
    1,340 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity encompasses a 16.2-acre industrial portfolio in Lytton, Iowa, listed at $491,910. The property consists of seven buildings, including a 1,340 square foot office building, two metal warehouses totaling 7,092 square feet (4,032 SF and 3,060 SF), a substantial 8,400 square foot grain storage building, a 1,680 square foot Quonset building, a 1,982 square foot steel grain storage bin, and a 1,960 square foot metal feed mill. The site also features a 285-foot drag conveyor belt. The property is situated on four parcels: 810824101009 (6.62 acres), 810824500003 (4.59 acres), 810824400006 (4.59 acres), and 810824500002 (.41 acres). Built in 1960, this single-story complex presents a unique opportunity for redevelopment or continued use within the industrial sector. The property's substantial size and diverse building types offer significant potential for a variety of uses. The location in Lytton, Iowa, within Sac County, offers access to key transportation routes and infrastructure. This is a rare chance to acquire a large-scale industrial property with significant acreage and existing structures. The property is zoned for industrial use.

    Property Features for 115 Main St

    General Information

    Property type
    Distribution properties
    Square Feet
    1,340 SF
    Lot Size
    705,672 SF

    Building Details

    Year Built
    1960
    Buildings
    7
    Stories
    1

    HighLights

    • 16.2‑acre assemblage comprised of four parcels: 810824101009 (6.62 acres), 810824500003 (4.59 acres), 810824400006 (4.59 acres), and 810824500002 (.41 acres).
    • Offered at $491,910.
    • Former grain elevator site.
    • Improvements include a 1,340 SF office building, 4,032 SF metal warehouse, 3,060 SF metal warehouse, 8,400 SF grain storage building, 1,680 SF Quonset building, 1,982 SF steel grain storage bin, 1,960 SF metal feed mill, and a 285‑foot drag conveyor belt.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Pharmacy Wholesale Shop Kitchen & Bath Discount Store Convenience Store Pawn Shop Plumbing Service Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Lytton
    County
    Sac
    State
    Iowa
    Longitude
    -94.8596207
    Latitude
    42.4221792

    Nearby Comparable

    • $491,910
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      Lytton Former Grain Elevator Site

      16.2 acre assemblage with multiple buildings and storage.
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      Sac City Land For Sale

      8.11 acres of agricultural land suitable for new business.
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    • $174,683
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      Sac City Medical Office Building

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    Nearby Similar for Sale

    • $491,910
      22,454 SF

      Lytton Former Grain Elevator Site

      16.2 acre assemblage with multiple buildings and storage.
      115 Main St, Lytton, IA 50561
      View Details

    FAQs

    What type of property is this?
    Distribution property - 16.2 Acres, Multiple Buildings, $491,910
    Where is this distribution property located?
    The property is located at 115 Main St Lytton, IA.
    What is the asking price?
    The asking price for this property is $491,910.
    What are key features of this property?
    This property features: 16.2-acre assemblage comprised of four parcels: 810824101009 (6.62 acres), 810824500003 (4.59 acres), 810824400006 (4.59 acres), and 810824500002 (.41 acres).; Offered at $491,910.; Former grain elevator site.
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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
    115 Main St Lytton, IA 50561
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