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    Old Highway 6 Redfield, IA 50233

    Sponsored
    For Sale
    $189,900

    Prime Iowa Commercial Lot, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1.79-acre commercial land parcel in Redfield, Iowa, presents a compelling investment opportunity. Located just north of Dollar General, with convenient access from a frontage road directly off Old Highway 6, this property boasts a strategic location benefiting from an average annual daily traffic count of 1450 vehicles. The property is zoned for agriculture, but its future land use is designated for commercial purposes, making it ideal for development. The parcel number is 1304401004, and the property includes a sign. Annual net taxes are $42.00, and the CSR2 rating is 90.60. The property is served by the West Central Valley Community School District. Possession is at closing, subject to any existing tenant rights. The asking price is $189,900, with terms including cash and conventional financing options. Further details regarding utilities are available upon request. This property offers significant potential for growth within Redfield's expanding commercial sector. Don't miss this chance to acquire a valuable asset in a high-traffic location.

    Property Features for 0 Old Highway 6

    General Information

    Property type
    Land
    Lot Size
    77,972 SF

    HighLights

    • Monument signage present.
    • MLS# 697795.
    • Parcel ID: 1304401004.
    • West Central Valley Community School District.
    • Located in Redfield.
    • Net annual property taxes: $42.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Redfield
    County
    Dallas
    State
    Iowa
    Longitude
    -94.174181
    Latitude
    41.5949856

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Iowa Commercial Lot, High Traffic
    Where is this land located?
    The property is located at Old Highway 6 Redfield, IA.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: Monument signage present.; MLS# 697795.; Parcel ID: 1304401004.
    (515) 222-1347
    Request Owner's contact information
    Old Highway 6 Redfield, IA 50233
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    Redfield, IA 50233
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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
    Old Highway 6 Redfield, IA 50233
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